yep, I feel your pain, I found that out many years ago.
managed funds CGT is a total pain in the butt.
especially not a good idea to invest just before end of financial year.
for me personally to minimise managed funds tax issues,
I have my managed funds either in Superannuation accounts ( mainly Netwealth )
and those outside Super are held in my wife's name as she is below the tax free threshold.
you can also use LIC's rather than unlisted managed funds.
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- Taxing of Managed Funds - Am I missing something
yep, I feel your pain, I found that out many years ago. managed...
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