CGT operates by having net gains treated as taxable income in the tax year an asset is sold or otherwise disposed of. If an asset is held for at least 1 year then any gain is first discounted by 50% for individual taxpayers, or by 33.3% for superannuation funds.
Visit https://www.ato.gov.au
For current info.
- Forums
- ASX - By Stock
- Something for Option Holders to Consider
CGT operates by having net gains treated as taxable income in...
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)