WHC 0.00% $7.63 whitehaven coal limited

Target $18.72, page-9612

  1. 98 Posts.
    lightbulb Created with Sketch. 38
    Lot's of chat about CGT vs revenue.

    My understanding is that if you trade enough the ATO will deem that you are in the business of trading. Therefore any gains will be classified as 'income' a/c (or revenue), and no longer eligible for the CGT discount (ie no longer classified as capital in nature). On the flipside any losses are also on the income account and not quarantined as capital losses which could only be offset against future capital gains.

    DYOR
 
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