Hey Aeon
Yes I can shed some light on selling and buying back it's called a Wash Sale and if the ATO find out it will cost you. It's a version the old ATO catch all rule of if the only purpose of the transaction is determined to be to gain a Tax advantage it's not an allowable deduction.
https://en.wikipedia.org/wiki/Wash_sale
- Forums
- ASX - By Stock
- BIG
- AFR article
AFR article, page-137
-
-
- There are more pages in this discussion • 178 more messages in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)