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ddzx

28,706 Posts.

237

20/01/16

16:14

Post #: 16834161
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Originally posted by ddzx ↑

@heisenmatt

each share for CGT purposes is a separate asset

if you wish to qualify for the 50% CGT discount, you must hold the share for over 12 months

if you own different parcels of shares in the same company, you can choose/nominate which shares are subject to a sale

in other words, you do not have to use a 'first-in-first-out' method (as long as you can identify the shares sold in your records)

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more, here: http://law.ato.gov.au/atolaw/print....1231235958&Life=19940929000001-99991231235959
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