I think the ATO email about cap gains was directed at the crypto...

I think the ATO email about cap gains was directed at the crypto crowd, many of which are blissfully unaware of taxes. Whats worse, is they don't realise converting from one crypto to another is a taxable event and haven't been recording their transactions. So come tax time its going to get quite messy for some this year.

SOR being a pdf means no tax deductions on a loss and no tax on gains or future dividends. This is part of the reason I treat it like an index etf to park profits from other trades in it over time when I feel its undervalued. This is also the reason technical traders will love it because they look at their signals and can get in and out without paying tax. Because of this, you need to be prepared for the wild ride, get the popcorn ready.