Stupid question for the day. If I:
a) Decide to 'do the right thing by the company' and participate fully in the offer
b) But I don't want to increase my exposure to this company, so I sell the equivalent number of shares (for a loss)
Would the ATO consider this a wash sale?
I assume they wouldn't, as I'm not selling for the purpose of obtaining a tax benefit.
If someone can point me to an example where this question may be answered on the web it would be appreciated. I understand that I may have to do (further) research/talk to my accountant.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
9.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.63M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| RFX (ASX) Chart |
Day chart unavailable