Thanks but I'm not sure you have this correct. You need to be able to demonstrate that if you had sold the shares and made a profit, then the gain would be taxable. It would not ordinarilly as NZ doesn't have a capital gains tax. If you have not paid tax on gains you may have had elsewhere you may struggle surely?. From the guide:
36 IR 3 INDIVIDUAL RETURN GUIDE
Losses from the sale of shares or other property
If you made a loss and can show that if you'd made a profit, it would have been taxable, you may be able
to claim the loss as a deduction.
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$5.70 |
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-1.310(18.7%) |
Mkt cap ! $4.120B |
Open | High | Low | Value | Volume |
$5.86 | $5.93 | $5.34 | $93.50M | 16.28M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 526 | $5.69 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.71 | 23970 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 526 | 5.690 |
1 | 1700 | 5.680 |
2 | 10530 | 5.660 |
13 | 23987 | 5.650 |
8 | 18158 | 5.640 |
Price($) | Vol. | No. |
---|---|---|
5.710 | 23970 | 3 |
5.720 | 45677 | 2 |
5.730 | 31922 | 2 |
5.740 | 536 | 1 |
5.750 | 5000 | 1 |
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