PNV 9.28% $2.59 polynovo limited

The problem with trading parcels as you are doing is that the...

  1. 2,751 Posts.
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    The problem with trading parcels as you are doing is that the ATO will classify you as a trader and CGT exemptions will change and you may pay dearly in the future if / when you sell your long term holding.
    My accountant has warned me of this a couple of times. Maybe he has it wrong tho??
    Anyone know the current legislation on this?
 
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