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Great summary of the tax advantages available for buy and hold investors in Australia.

How would these concepts integrate with the US tax treatment of stock trading? As far as I know there is no imputation of dividends under USA tax law - capital gains tax concessions might be of some benefit to value investors.

I suspect they wouldn't alleviate Cuban's concerns over the impact of HFT and exploiting market movements. A flat tax on trades seems like a more effective way to reduce the prevalence of those practices (for better or worse).



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