LNC 0.00% 99.5¢ linc energy ltd

tax loss selling, page-13

  1. 193 Posts.
    dagrub, are you kidding? I'm 99.9% sure that your statement is just for jokes because its not true in my books.

    It is true that you can only realise capital losses if you had a capital gain.

    I claimed a capital loss a couple of years ago and the accountant told me that it won't take effect that year because I didn't have any capital gain.

    However, last year I could claim it as I had a capital gain.

    Like other ppl said, ask your accountant if you need further details.
 
watchlist Created with Sketch. Add LNC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.