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[sharechat] Capital Gains


From: "G P Thompson" <gp.thompson@bitworks.co.nz>
Date: Sat, 8 Apr 2000 10:41:01 +1200


Brian,
One way to separate trading shares from Investment shares is to operate dual accounts with your broker, one for Trading and one for Investment. This saves the minute book approach.
Secondly it goes without saying that all costs associated with trading in shares such as brokerage, telecoms, books, computers, newspapers, internet access etc etc are deductible for tax purposes
 
GPT

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