CFO 0.00% 1.9¢ cfoam limited

I don't get why people sell the share now before the financial...

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  1. 362 Posts.

    I don't get why people sell the share now before the financial year to offset the gain the earned. As far as I know, if you hold the share more than 12months and the gain will be eligible for 50% cgt discount. So why sell it at a loss to save the highest marginal tax of 49% I am assuming you earning $180k a year.
 
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