VIC
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25.0% 0.3¢ victory mines limited

Selling just before end of financial year and buying back...

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  1. georgehall
    415 Posts.
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    22/03/19
    09:56
    Post #: 37848743
    Selling just before end of financial year and buying back straight away in the new financial year is called share washing, or a wash sale, and is not allowable under Australian Tax law.

    Have a read on it before implying someone has no idea.
    Last edited by georgehall: 22/03/19
    VIC Price at posting: 0.3¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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