Perhaps someone with connections to the tax office could set me straight because I am not familiar with tax affairs.
Conidi appears to have transferred 1,000,000 shares from his regular account to his superannuation account at a discount of approximately 50%.
Does this mean he will claim a tax loss for the regular account in this financial year while receiving tax advantages with his super?
Is this sale to himself of shares at around 15c and currently valued at around 30c above board?
Ann: Change of Director's Interest Notice, page-4
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