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skiptdouglas

5,511 Posts.

25/07/17

17:56

Post #: 26071221
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Originally posted by Tspk ↑

But the definition of a Capital Gain is that it's "an increase in the value of a capital asset (investment or real estate) that gives it a higher worth than the purchase price"

In your example, you don't take into account the purchase price.
You spent $100, you made $100.
If the buy price = sell price, how can there even be a capital gain to tax?

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It didnt thou , you sold 50 of the shares @ 2 bucks
Australian Taxation Office/Customer service

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