KAR 5.75% $1.84 karoon energy ltd

thankyou, page-11

  1. 297 Posts.
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    Cashnet. There is no exact time as your own circumstances dictate if you either sell both or hold. Variables such as keeping for 12 months so as only to attract tax on only 50% of your capital gain for Karoon. Unless you have your own smsf and many other variables will influence your decision.

    Realising the loss on Timbercorp and offsetting that against the same gain for Karoon in the same financial year may also come into account. But the benefits of this need to be weigh up. You can also bring your losses into the next finacial year and weigh up whether the reduction in capital gains will be an advantage etc etc.

    All in all with the wins and losses youve had its worth seeing a tax accountant and paying a small fee to give you a strategy for this finacial year and going forward with your investments. Do it before June 30.

    By the way ...DYOR
 
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