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International Investing / Australia (All-Ordinaries)


Subject:  Re: Changes to CGT Date:  9/23/1999  7:40 AM
Author:  lance2210 Number:  761 of 6186

"From what I understand, the Australia and US are two of the strongest economies in the world and neither has a GST."

That's not true, there are various federal and state sales taxes. Also the US has a stiff Capital Gains rate for stocks held less than 18 months.

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