@smart8443: Investment savings accounts are taxed at a flat rate, which means you don't pay tax on the profits you make, as you would with a share and fund deposit. Your tax is based on a capital basis consisting of the value of the assets in the account at the beginning of each quarter, with additions for cash deposits and securities moved in, divided by four. This capital base is then multiplied by the government loan interest on November 30 of the previous year + 1% unit and gives a standard income. The standard income is then taxed at 30%. However, the floor on the government loan interest rate in this calculation is 1.25%.#investing #stockmarket #foryou #eritreantiktok🇪🇷🇪🇷habesha #motivation #motivation #eritreantiktok #tigrignamusic #habeshatiktok #isk #kf #aftereffects
