Capital Gains Tax
#16
BE Forum Addict
Joined: Jan 2003
Location: Brisbane
Posts: 1,576
Re: Capital Gains Tax
Originally Posted by kirsty&al
Making the election doesn't make it easy for them as it is something that you keep in your tax file. The only time they see it is if they investigate. Making the election would not change the current information the ATO has on you, it would just backup the calculations you described earlier, if they came looking.
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In actual fact now you mention it I made the election years ago (better warm my printer up toot suite).