I stand to be corrected on this but how you pay tax on shares is dependant on whether you are classified by the ATO as a share trader or share investor.
As an investor you are subject to CGT and as a trader it's tied to your personal income tax rates.
I hope that helps.
Cheers
I stand to be corrected on this but how you pay tax on shares is...
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| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
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| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 68300 | 4 |
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