hi and as I understand it and please check
the 45 day rule applies to Franking Credits....if you receive more than 5k in franking credits per year...you need to hold the stock for a minimum clear 45 days in order to claim the f/c.... my acct advises that this means 45 days not including the day you buy nor the day you sell.
As far as I know it has nothing to do with CGT
please all feel free to shoot me fown in gentle flames if I am incorrect
www.asx.com.au
www.ato.gov.au
may be useful
cheers robbo
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$64.10 |
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