Here is a tax office...

  1. 9,445 Posts.
    Here is a tax office view.
    http://law.ato.gov.au/atolaw/view.htm?DocID=TPA/TA20087/NAT/ATO/00001

    If you wish to continue to hold INL and if you have the cash, consider buying a new parcel of INL and holding both parcels for a few weeks ( if strategically sensible).

    That way you have two parcels "at risk" and this surely could not be a CGT wash for TAX purposes only... becuase boh parcels are at risk.

    If it then suits you, consider selling the volume that you wanted to sell in the first place.
 
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