Off Market, page-173

Does anyone know if there is a way around this tax matter? Would really appreciate some input. My accountant doesnt seem to have a clue and even tried speaking to a financial advisor that also had no idea. Basically I brought and sold during the financial year creating a capital gains tax event. The total 'Profit' was around $450,000 meaning I owe $175,000. After the sale though, I used the whole amount to buy in again... Obviously the stock then went into suspension and we are now in a new financial year. If I sell the shares for a nominal fee and create a 'capital loss' during this financial year...do I still have to repay the $175,000 or can the capital loss for this financial year offset the 'capital gain' from last year? Surely theres a way through this mess?