tax ... share trader or share holder, page-6

  1. 2,450 Posts.
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    Harwin, yes absolutely sure. The following is copied from the ATO link provided below.

    In the case of a share holder:
    - costs incurred in earning dividend income – such as interest on borrowed money – are an allowable deduction at the time they are incurred.

    http://www.ato.gov.au/corporate/content.asp?doc=/content/76071.htm
 
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