If anyone was wondering about the capital gain/loss on the sale...

If anyone was wondering about the capital gain/loss on the sale of their SSH shares if held for more than 12 months. I have found some answers. If you have made any gains you may have to pay uncle sam first but you get to offset this tax when you do your tax return.

http://www.macquarie.com.au/mgl/au/advisers/products-platforms/platforms/macquarie-wrap/wrap-tax/technical-information/capital-gains-tax


Are foreign capital gains able to get the CGT discount?

Yes. The same discount percentages apply as for Australian sourced capital gains. Capital gains and losses are not quarantined according to source. That is, both Australian and foreign capital gains are treated in the same manner and not separately identified for tax purposes.