A wash trade has no specific timeframe for ATO. If you are deemed to have sold a chunk of shares to crystallise a loss aimed at lowering tax only to buy back similar or same amount then they could catch you out. Having said that probably not going to come into their radar if small amounts...I do not know what sort of algos they use to check the audit out...
not financial advice...
- Forums
- ASX - By Stock
- IHL
- General discussion
General discussion, page-11845
-
- There are more pages in this discussion • 8,602 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)