Business Services Industry

Taxes and gains.

Australasian Business Intelligence, June, 2005

Jun 01, 2005 (Shares - ABIX via COMTEX)

Attention should be paid to tax management when rebalancing an investment portfolio. Even investors who hold shares for their long- term dividend stream should rebalance their portfolios each year. Share gains and losses attract the capital gains tax (CGT). The Guide for Capital Gains Tax 2003-04 specifies that the Australian Taxation Office permits a degree of flexibility in estimating CGT gains and losses. Retail investors who receive imputation credits of over $A5,000 per year need to follow complicated compliance rules for determining imputation credits.

Publication Date: June 2005

AUSTRALIAN TAXATION OFFICE 

By Tony Rumble

All copyright subsisting under the Copyright Act 1968...

            
        
    
    	    
                
                
	
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