If it works that way then we would have been better off leaving...

  1. 2,110 Posts.
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    If you have growth stocks, have a decent gain and anticipate greater returns to follow I would consider not putting in the tax return until the investment is realised. Having to sell down assets to pay the paper profit is just wrong, I would prefer to pay a fine for late lodgement.


    If it works that way then we would have been better off leaving assets we expect high growth on in the trust or personal entity, where the max tax would be 23.5% taking into account CGT relief on the realised gain.
 
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