Two ways to beat the tax man
- hold for 12 months minimum, and
- Spread your sale over a number of financial years
also, if there are losers, sell them to reduce taxable gains further
not intended as advice, just common sense for any who may be thinking too much of their gains go to tax. Or else pay the tax and you’ll receive a thank you note from the tax commissioner
Pitt Street valuation, page-90
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