hi mate. i think we previously chatted if you are returning your...

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    hi mate. i think we previously chatted

    if you are returning your shares under CGT, you can only claim brokerage when you sell the shares

    regards

    INCOME TAX ASSESSMENT ACT 1997 - SECT 110.35

    Incidental costs
    (1) There are a number of incidental costs you may have incurred. Except for the ninth , they are costs you may have incurred:
    (a) to * acquire a * CGT asset; or
    (b) that relate to a * CGT event.

    (2) The first is remuneration for the services of a surveyor, valuer, auctioneer, accountant, broker, * agent, consultant or legal adviser. However, remuneration for professional advice about the operation of this Act is not included unless it is provided by a * recognised tax adviser.

    http://www.austlii.edu.au/au/legis/cth/consol_act/itaa1997240/s110.35.html
 
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