Part IVA is not limited to 'wash sales'. It is a general anti avoidance provision that can apply to nearly any circumstance where the main porpose is to avoid tax. As I said though, the ATO are unlikely to pursue someone who is under the tax free threshold.
- Forums
- ASX - General
- Capital gains tax
Capital gains tax, page-48
-
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online