Forum Replies Created
Viewing 1 post (of 1 total)
CeeGee, I suggest you request a private binding ruling with the ATO (or get your tax-agent to do it). Sample application forms are on their website. The ruling is binding on the ATO so you know when you lodge your appropriate tax return (eg if you need to offset any capital loss against any future capital gain), you have that private binding ruling as your back up. Use plain English and provide full details.
Just remember to keep the ruling until you need it. The ruling is personal and applies only to you.
It is the safest way to go and gives you certainty.
Peter
Viewing 1 post (of 1 total)