"How do you confirm you still hold the stock to satisfy auditors?"
Easy, you have a CHESS holding statement
"How do you establish stock value at 30th June each year"
Easy, market value - ie the closing price on 30 June
"Has the ATO issued any guidance"
Guidance on what?
" To cut down on administration nightmares is it possible for smsf to sell stock to yourself personally at market value - would auditors and ATO melt down?"
What administration nightmares?
'is it possible for smsf to sell stock to yourself personally at market value'
Yes - a simple off-market transfer
I really don't understand your issue but have tried to answer your questions
ZGL Price at posting:
6.5¢ Sentiment: None Disclosure: Not Held
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