Thanks Man for putting it out there for discussion. I was getting the impression new investors thinking this was money for jam. This Topic on the BB hopefully makes new investors aware of their obligations. I know young and new investors do visit HC.
The idea is to retain as much profit as possible . Everyones circumstances are different and, well, for $100 (4 packets of wee william 2"s)
accountancy cost it may well save you thousands .
Cheers
Capital Gains Tax, page-22
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