If you are an Australian resident and hold the shares for more than a year you are entitled to a 50%discount on your net gain.
You then divide by 2 to work out your capital gains tax due.
If you did not apply the 50%discount you are paying a 50%tax on your net gain.
- Forums
- ASX - By Stock
- Something afoot ?
If you are an Australian resident and hold the shares for more...
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)