4c is the floor, page-383

The ATO doesn't expect one to take out a loan to pay for all the sells. I'm in and out all the time. At the end of the day they want to know how much did you start with (invest) at the begining of the year, and how much did you pull out at the end of it. If it's all still in there and you've take none out, then they're not taxing you are they. Also, let's say you have 10 blue chip stock handed down from deceased grandad for example, and the $100k value is now $200K this year, you are only paying tax on the dividend you have withdrawn, and not on the capital gain of that stock (as it's only on paper - ie. not realised till its withdrawn). Also, each time you sell for a profit eg. $7K at a time and re-invest, your buy is an investment that offsets the gain within that financial year. (excercise - keeping round figures) If you were to invest $2k to become $8k (x4), then $8k became $32K, x4 = $128K, x4 = $512K (by the way never gonna happen) but let's say 4 buys got you that outcome where you ended up with $512K from a $2k investment, and that was still sitting in your COMMSEC account or CMC etc., you DO NOT have to pay the $260K at the end of the tax year just because you made a gain 'ON PAPER' of $510K from your initial investment. It's only if and when you pull it out of your margin/trading account and put it into your own bank account you pay the tax on it. No one in their right mind would be transfering to savings/loc's/od's etc. and putting it back with the way the market is.