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Tax on unrealised Capital Gains, page-55

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hersuit

22,577 Posts.

206

31/10/21

23:55

Post #: 57216988
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Originally posted by LoadedDog: ↑

We have a similar law here. If you want to deduct brokerage, newsletters, trading losses etc from other income your portfolio is marked to market every June, 30, ergo your 50% CGT concession has gone.

I'm assuming that "unrealised profit" will not include your home, that would be political suicide.

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Sorry? ? Im pretty sure youre only levied tax if you dispose of an asset...correct me if Im wrong\
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