Im not a tax accountant, however I'm very sure you can claim a tax loss against taxable income derived from other means of employment. This is what I have done last Financial Year, so seek your accountant to confirm.
Ps. If you think cnp will fold its probably better to sell all stock and take what you can get as the loss made will stillbe tax deductable whether you salvage some funds or not. I'm hoping they will survive & so will not bother with daily fluctuations & will put in bottom draw til Dec & if it makes it past then I believe holders will be rewarded.
Good luck to fellow holders
- Forums
- ASX - By Stock
- CNP
- capitulation
capitulation, page-12
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)