RMX 0.00% 0.1¢ red mountain mining limited

If any one had made a shi.t load of money this financial year...

  1. 34,916 Posts.
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    If any one had made a shi.t load of money this financial year and is on paper loss ie on RMX, sell now and re-buy so you don't have to fork out the extra money to the tax man.

    Hmm. I don't necessarily recommend that, particularly if you've held for a while. It could be the difference between paying top tax rate or half the top tax rate for profits later on. Many other potential scenarios. Asking your accountant is always the best option.
 
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