FBR 19.0% 4.7¢ fbr ltd

12/11 is here, page-53

  1. 574 Posts.
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    In that case of being a ‘trader’ for tax purposes, there is a much better chance you could justify it as a deduction then - basically forms part of research and goes directly to your ability to make profit (rather than an investor stating that going to an AGM is going towards making a capital gain when they are actually holding for a number of years - harder argument to run). At the end of the day, provided you keep all receipts and don’t go too crazy with expenses, then I doubt ATO would even look into it to begin with.

    If you do go, i’ll expect plenty of updates throughout
 
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