ZFX zinifex limited

The wash sale thing is controversial. My understanding is the...

  1. 122 Posts.
    The wash sale thing is controversial. My understanding is the hard line on the practice will be new this year (correct me if I'm wrong).

    It should be challenged and/or overturned on grounds of inconsistency - the tax office would book a capital gain if you sold and bought the same shares at a profit; therefore it should not be able to disregard a loss incurred the same way.
 
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