Interesting..."Book the capital loss" - So if your buy in price...

Interesting...

"Book the capital loss" - So if your buy in price is higher than the expected capital return?

IE contribute the LLL shares to your superfund @ a reasonable valuation based on info available - say 42 cents, and if you paid 70 cents then you have a capital loss of 28 cents to report.


If you have a capital gain on the expected return of 40 cents would this manoeuvre still be beneficial?
You would have to pay CGT on your personal tax return the year you did that... but there is the 12 months rule, so CGT tax after the 50% discount would be half that of a dividend payout?

(Not seeking financial advice - merely seeking how to frame a question to the accountant I will need to get advice from in the near future).