I have no income but my shares in Lithium Mining have given me a really good Capital Gain.
ATO will get 34% if sold before 12 months of owning the share, 50% reduction after this period
Do I have any chance of the chaging the following, paying the Govt $34,000 for each $100,000 capital gain or having shares longer than 12 months ATO return to them of $17500 hard earned mpney.
I am not a trader but was lucky to think aboiut the future and LITHIUM for Elecrtic Vehicle Batteries was my thoughts.
Winning in gains but los in TAX returns because of the boat ridesv q. c
zrea
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