I'm wondering as a kiwi how does the government in aussie tax Australian citizens when you buy and sell shares. In NZ we only pay tax on the dividend, reason being the average punter loose more than they gain and inland revenue would rather not be up for the mass applying for tax rebates every year. It makes no difference how often I buy and sell or how long I hold the shares.
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I'm wondering as a kiwi how does the government in aussie tax...
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