FAS fairstar resources limited

Capital loss cannot be claimed unless you can sell them or they...

  1. 3,339 Posts.
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    Capital loss cannot be claimed unless you can sell them or they are declared bankrupt and the company closed down.
    If you are confident they will never trade again you can sell them to Delisted, the cost I think is $150 which is claimable http://www.delisted.com.au/sell-worthless-and-other-securities  .  As it is to late to make a transaction for a capital gains loss for June 2015 you may just as well hold taking any action until May 2016.
 
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