opes prime and capital gains tax, page-2

  1. 10,407 Posts.
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    "If it's true that in doing so I have forfeited ownership of those stocks at what point is the CGT event triggered?"


    No, you are still the beneficial owner.
    Not unlike owning a property with a registered mortgage.
    You simply confer some rights to the lender in case you breach covenants.

    Having said that, this is a messy situation and I well understand why people in your situation would feel aggrieved. This could well end up in court.


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