Are you a Share Trader or a Share Investor?
10-Oct-2012 Over the past few years one of the most contentious area in taxation, has been evaluating whether a client is a trader(where profit is taxed as normal income) or an investor (where profit is treated as capital gain and have discounts associated with it).
This article is a summary of guidelines on how the ATO will determine if the share activities is as a trader or investor.
Please Click Here to read the article.
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