CBA 0.40% $135.64 commonwealth bank of australia.

CBA back to $45-50 again soon?, page-274

  1. 437 Posts.
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    Fair enough George, only you know whether it applies to you or not

    Thanks for the info, I didn't know there wasn't a hard and fast number of days one needs to hold to avoid the wash sale in Australia. It also seems a bit vague to me, where the ATO can come to the conclusion that someone sells for the purpose of making a tax loss or not

    Maybe the wash sale rule wouldn't apply to buy-backs anyway, given that anyone who sells can easily claim they're selling for the franking credits, which 99.9% of the time would legitimitely be the case I'd imagine
 
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