I'm pretty new to the stock market so can someone pls tell me...

  1. 32 Posts.
    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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