ANS 0.00% 1.7¢ austsino resources group limited

According to the ATO website: Q. Does the 50% CGT discount apply...

  1. 1,713 Posts.
    lightbulb Created with Sketch. 458
    According to the ATO website:

    Q. Does the 50% CGT discount apply to foreign shares?

    A. As you've held the asset for longer than 12 months you're entitled to the 50% CGT discount. If you are an Australian resident your overseas capital gains can be treated in the same way an Australian property would.

    For reference, this information is available on the ATO website under Capital Gain on Overseas Assets.

    However! There is this, which muddies the waters:
    https://www.bdo.com.au/en-au/insights/tax/technical-updates/50-cgt-discount-on-foreign-capital-gains-clawed-back-by-government

    Professional advice is recommended.
 
watchlist Created with Sketch. Add ANS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.