Probably not - have to demonstrate that any expenses were necessarily incurred for the purpose of making income/capital gains. Plus, would you be wanting to make it a write-off against your income? If so, then you have to prove you’re gaining income by investing in FBR rather than making a capital gain (ie you need to essentially prove you are a trader who is making profit out of the business of trading - someone who simply invests money can not write-off any expenses for the investing of shares against ordinary income). Another point, you can only generally only write-off against the profit you earn through that expense - so you would generally need to make a profit in this financial year from FBR shares to then deduct the costs of traveling to the AGM against that.
Not impossible to argue and perhaps a tax ruling out there about this, but on the balance, I can’t see how this is closely enough linked to the making of money through FBR shares and it definitely can’t be written-off against any income from some other job you have.
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3.9¢ |
Change
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Mkt cap ! $186.8M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 2052718 | 3.8¢ |
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Price($) | Vol. | No. |
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4.0¢ | 796002 | 4 |
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No. | Vol. | Price($) |
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13 | 2052718 | 0.038 |
11 | 943212 | 0.037 |
8 | 607000 | 0.036 |
15 | 2432885 | 0.035 |
16 | 2857037 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 796002 | 4 |
0.041 | 600000 | 3 |
0.042 | 1153170 | 6 |
0.043 | 1439597 | 5 |
0.044 | 1262965 | 6 |
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