Thanks for response. It is good idea to write down points even to your diary as it will responding to ATO should rhey decided to bully you in 10 year time.
However, I noticed that ATO rules are more about screwing working class people then millionaire and that is the unfair system we all have to live.
I am not sure how fund manager justify this as many if not all do trading every day including day trader and they do make money by selling and buying again at lower price..!
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- Wash Sale ATO rule for FY 2020 2021
Wash Sale ATO rule for FY 2020 2021, page-7
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