not a great day, page-2

Guys, be careful if you are selling to minimise capital gains tax but are then buying back in around the same time. The tax office is cracking down on this practice as they look at the reasons behind the selling. Classed as tax avoidance and will deny your deduction. (30days is the general guideline)

http://www.news.com.au/business/story/0,23636,23192613-14327,00.html?from=mostpop