IMU 5.77% 5.5¢ imugene limited

Why IMU is a multi multi bagger, page-23043

  1. 303 Posts.
    lightbulb Created with Sketch. 23
    Hi All,
    I have a tax related question, its just a second opinion really if there are any accountants or anyone in the know with CGT that may have theorized this themselves before.

    IF, - i buy $10,000 worth of a stock, then in a few months this stock is now worth $11,000. - i then decide to sell exactly $10,000 worth, the same amount i paid for it but holding the difference in the shares ( 10% worth).

    When i do my tax return do i pay CGT on the $10,000 i sold, even though it was the same buy and sell amount is $

    My theory was since there's no CG, i would only pay CGT on the remaining $1000 when it was sold.
 
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