GAU 0.00% 11.0¢ great australian resources limited

put pressure on directors to get info , page-25

  1. 9,286 Posts.
    Bungy

    Be careful if you are buying the GAU back.

    Selling and immediately buying back shares to produce a capital loss is now considered tax avoidance by the ATO.

    Read: http://law.ato.gov.au/atolaw/view.htm?rank=find&criteria=AND~cgt~basic~exact:::AND~wash~basic~exact:::AND~up~basic~exact&target=EA&style=java&sdocid=TXR/TR20081/NAT/ATO/00001&recStart=1&PiT=99991231235958&recnum=5&tot=8&pn=ALL:::ALL
 
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Currently unlisted public company.

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