ACN acer energy limited

buy more, page-5

  1. 24 Posts.
    Hi Philby,
    Selling to gain a loss and buying back is not allowed by the tax office. They call this a wash down. I believe if a different legal entity was to buy then this is ok. eg. you sell and your wife buys. or a family trust buys. so on, so on. Gotta hate the tax office.
 
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