CAI 0.00% 11.5¢ calidus resources limited

Nathanblack - selling to crystallise a loss and then immediately...

  1. 111 Posts.
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    Nathanblack - selling to crystallise a loss and then immediately buying back the same shares is a wash sale and will get you in trouble with the ATO. Speaking as an accountant I know that in some cases the ATO will both cancel your loss and charge you a penalty. Something to keep in mind around this time of year.
 
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