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6,395 Posts.
628
16/02/24
21:27
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talk to you accountant re share loss
Mine were in SMSF. i sold the shares to myself for $1 which allowed the SMSF to realise the loss and move on.
My accountant spoke to the Auditor to ensure that the transaction was understood and approved from an auditing perspective.
I dont pretend to understand anything else other than what I was asked to sign by my accountant.
Hope everyone did not lose more than they could afford
cheers
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