Yellowcake - CGT isn't an issue for me. All my shares are traded in a SMSF which is paying a pension, and hence earnings are tax-free since last July 1st 2006. Just called my accountant to make sure, and she confirmed that. Even if I were to get hit with CGT (I won't), it would only be 10% as I've held those SMM shares for so long, and they are in the Super Fund. Even 90% of the profits is still nice... ;)
smm and pdn: how ive played it, page-4
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