NEC 3.10% $1.10 nine entertainment co. holdings limited

Ann: Becoming a substantial holder, page-21

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  1. 406 Posts.
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    @TJ1988 - I'm offshore, so please excuse my lack of familiarity with Australian tax law, but why would someone want to crystallise a taxable gain shortly before the end of the tax year? I can understand wanting to crystallise losses before year end and waiting a few days after the tax year end to realise gains, but deliberately incurring a tax liability seems strange to me?

    PS - thanks for all your contributions to the discussions on NEC
 
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