re: Ann: Daily share buy-back notice - Append... "Hollyw00d, Tax is on declared profits. Stock is valued at cost. You profit when you sell the stock and make a profit from it. That's when the tax is due. If you borrow money and buy shares with it, you dont pay tax on that. In fact you get a deduction from the interest. Here is what the ATO says on buybacks: "Share buy backs are tax-neutral in that no assessable gain or deductible tax loss arises as a result of the buy back."
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Gibberish.
Im going to say this in the nicest way i can.
You sir, have no idea.
I dont even think you know what your argument is anymore.
re: Ann: Daily share buy-back notice - Append... "Hollyw00d, Tax...
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Last
66.0¢ |
Change
0.010(1.54%) |
Mkt cap ! $1.405B | |||
| Open | High | Low | Value | Volume |
| 64.0¢ | 66.0¢ | 62.8¢ | $5.998M | 9.219M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 52043 | 65.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 66.5¢ | 44686 | 2 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| RSG (ASX) Chart |