The Motley Fool Discussion Boards

Previous Page

International Investing / Australia (All-Ordinaries)

URL:  https://boards.fool.com/i-dont-know-how-you-work-it-out-because-its-not-12488542.aspx

Subject:  Re: Tax question (please help) Date:  4/28/2000  8:45 PM
Author:  lance2210 Number:  1384 of 6186

i don't know how you work it out because it's not very clear what you are trying to say, however my way (not officially sanctioned is)

ANY TOTAL CAPITAL GAINS INDEXED FOR INFLATION (MINUS) ANY TOTAL CAPITAL LOSSES = total capital gain (hopefully).

Of that capital gain, take away % of tax payable and that should be it !!!!

Please don't refer me to the ATO, if i'm wrong !!!

Lance
Copyright 1996-2021 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us