Maree Weston, an Australian resident taxpayer, sold shares in
her investment portfolio on 12 March 2021.
The acquisition dates, costs and sale proceeds are shown in the
table below.
Company
Acquisition
date
No. shares
Cost
Capital
proceeds
#1
Carlton Ltd
05/07/2007
1,500
$3,810
$4,642
#2
Essendon Ltd
22/05/2020
3,100
$4,960
$6,224
#3
Gelong Ltd
18/08/1989
6,250
$5,000
$6,846
#4
Hawthorn Ltd
12/09/1985
3,565
$6,417
$6,916
#5
Richmond Ltd
02/10/2018
1,963
$7,852
$6,358
The costs include brokerage costs and any applicable stamp duty.
There were no brokerage costs on sale.
Maree has the following unapplied net capital losses from the
2019/20 income year:
Using the information provided below for Maree Weston, an
Australian resident taxpayer, determine the capital gains tax
consequences of her share sales for the 2020/21 income year
Maree Weston, an Australian resident taxpayer, sold shares in her investment portfolio on 12 March 2021. The acquisition
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answerhappygod
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Maree Weston, an Australian resident taxpayer, sold shares in her investment portfolio on 12 March 2021. The acquisition
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