ZNO 0.00% 3.0¢ zoono group limited

The ATO only prevents 'wash sales' over the end of the financial...

  1. JoR
    305 Posts.
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    The ATO only prevents 'wash sales' over the end of the financial year. It prevents investors from selling a stock in one financial year to take advantage of a capital loss event, only to buy that stock again in the new financial year if the sole intention of the sale is to minimize tax.
 
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