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Ann: Settlement of Institutional Entitlement Offer, page-18

  1. 35 Posts.
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    Would selling the holdings of fully paid shares (at a loss), then paying for the Rights be considered a Wash Sale by the ATO?
    Would it make a difference if the Rights were paid for, converted to shares, then the original of holding of shares selected to be sold?

    Does anyone know the rules in this case?
 
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