Monster Lithium Brine Project, page-30

Thank you both of you for the ATO link and explanations. It helped me figure out why I was so confused so long!!

I was under the impression that CGT is a separate tax. All the calculations given in the ATO site is about working out the total capital gain (or loss). And if you hold over 12 months, you have 2 options to reduce the capital gain by 50% or more.

Up to this date I was thinking that for every 2 dollar CG you make, 1 goes to the government straight away. I was so wrong...

Thanks again and sorry all others for the side talk...

Back to LKE now!! I wish I could buy a bit more during the shake!! Some of my capital is stuck in the Bitcoin Gold