QGC queensland gas company limited

G'day Red,I believe the 12 month rule provides a 50% discount...

  1. rhys13
    89 Posts.
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    16/01/09
    14:51
    Post #: 4699704
    G'day Red,

    I believe the 12 month rule provides a 50% discount rather than a 'non-disclosure' of 50% and that capital losses are taken off the gross capital gain prior to the discount is applied, ie:

    $1,000 Gross Capital Gain
    ($500) Capital Loss
    $500 Net Capital Gain
    $250 Assessable Capital Gain

    Cheers
    Rhys
    QGC Price at posting: $5.75 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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