a question for the tax savvy , page-3

  1. 691 Posts.
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    Johnny,


    Think you will find you can use the costs base of any parcel of shares and say you sold them, you dont have to say you sold them in date order.


    Obviously saying you sold the older purchased parcels makes more sense in mosts cases as you might have held them for over 12months, therefor getting 50% reduction in taxable capital gain.
 
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