capital gains/loss

  1. cheekyme
    32 Posts.
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    07/07/04
    00:18
    Post #: 507591
    I'm pretty new to the stock market so can someone pls tell me does the ATO treat share transactions on a first in first out basis ie. if i purchased 1000 shares at $1 and 2000 shares at $2 and then decide to sell 500 shares does the ato treat by cost price as $1.
    thnx in advance
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    lightbulb Created with Sketch.  Great analysis
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