if you buy a stock at $10 and sell at $20 = $10 profit
if you buy a stock at $30 and sell at $40 = $10 profit
Youre going to pay the same amount of CGT on each as the profit is the same. The ATO only care about your gain, nothing else. Obviously they need to calculate that from your buy and sell price but they not gonna tax you further because you purchased at a lower price if your profit is the exact same.
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if you buy a stock at $10 and sell at $20 = $10 profitif you buy...
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