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It's completely above board to sell shares that are in the...

  1. 1,982 Posts.
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    It's completely above board to sell shares that are in the red just before June 30 to claim the loss against other gains. Everyone does it!
    Where the ATO might get involved is if the investor buys the same shares back in July. Mist investors sell the losers and move on to other shares.
 
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