Capital Gains Tax Reduction Question, page-8

I'd love to see their POV.

I buy $100k of ZYZ.
I say to myself I'm going to flip it in 2-3 months.

It then goes up...I sell (10%) every month at a profit for 5 months.
It keeps going up, so I hold it for 14 months...sell the last 50% for a profit then.

ATO tells me I don't get the CGT.
I go but, "I held stock for 12 months++" ??!!

Every share I buy and sell is recorded so the RECORDS part are looked after.

As you can see...I don't get the ATO's POV.
If I can't have the CGT, write that RULE down somewhere so all investors/traders know what's what.

That's basically my question.
I'd assume many other ASX investors or traders are in the same boat.

I'm not a investor or trader. I buy/sell stock. Time isn't a concern for me, just profit.

I'll follow the rules...whatever they are.
I just want them written down somewhere.

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