Hi All,
I have a question regarding capital gains tax. I have held my current Karoon shares for over a year, meaning if I sell them I will get taxed on only 50% of my profit... what happens if I purchase more shares? will I still only get taxed on 50% of my profit on the shares I have held for over a year, and get taxed the normal rate for the new shares?
Or will I get taxed the normal tax rate on everything?
anyone any ideas? - sorry for posting here but I thought it might be relevant to other Karoon holders.
question regarding cgt
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Last
$1.55 |
Change
-0.060(3.74%) |
Mkt cap ! $1.198B | |||
| Open | High | Low | Value | Volume |
| $1.56 | $1.57 | $1.54 | $6.362M | 4.098M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 76805 | $1.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.55 | 19881 | 16 |
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| Last trade - 13.55pm 09/10/2024 (20 minute delay) ? |
| KAR (ASX) Chart |