Australia's largest stock trading and investment forum Australia's #1 stock forum

MGC mg unit trust

0.00%

19.5¢

Ann: Change in substantial holding, page-5

First 5 Last

Share
Profile

Follow
g12m0

1,376 Posts.

8

27/03/18

20:41

Post #: 32069953
Share

Originally posted by EtfTrader ↑

once we get our 80 cents and assuming we get the rest in the next financial year. How does one calculate profit/loss on this? So assuming 2 scenarios

1. buy price 90 cents

2. buy price 70 cents

if they give us say 80 cents now and 30 cents in the next fy wht would be the profit/loss for tax purposes

Thanks

Expand

Once Capital Return exceeds purchase price, you have to declare income on the excess.
Buy Price of 70 cents. You have to declare income of 10 cents.
Buy Price of 90 cents. You don’t have to declare income until farther capital returns.

Last edited by g12m0: 27/03/18

MGC Price at posting: 93.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

1 Great analysis

Reply

Top Stories

KAO

High-grade copper & tungsten results strengthen Karibib opportunity

Australian resource exploration spending a 'mixed bag' on back of Middle East crisis

Dale Gillham: The smoking gun hidden in Australia's jobs data

Expert Exchange: Gold's record run (and a look at key risks) with David Sokulsky

LISTEN: HotCopper's Penny Drop Podcast #1 – Uranium deals, PFS misses, & an Ebola opportunity

PRU

Perseus pursues new growth opportunities at Yaoure gold mine

HotCopper Highlights, Week 29: Dimerix licensing, lithium, & a Mesoblast milestone

RRE

Right observes high-grade tungsten from Blue metallurgical sample

NNL

Nordic Resources further extends gold potential at Kopsa North

LISTEN: HotCopper Wire Podcast #052 – A big, juicy gold megamerger

First 5 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Ann: Change in substantial holding, page-5

Top Stories

High-grade copper & tungsten results strengthen Karibib opportunity

Australian resource exploration spending a 'mixed bag' on back of Middle East crisis

Dale Gillham: The smoking gun hidden in Australia's jobs data

Expert Exchange: Gold's record run (and a look at key risks) with David Sokulsky

LISTEN: HotCopper's Penny Drop Podcast #1 – Uranium deals, PFS misses, & an Ebola opportunity

Perseus pursues new growth opportunities at Yaoure gold mine

HotCopper Highlights, Week 29: Dimerix licensing, lithium, & a Mesoblast milestone

Right observes high-grade tungsten from Blue metallurgical sample

Nordic Resources further extends gold potential at Kopsa North

LISTEN: HotCopper Wire Podcast #052 – A big, juicy gold megamerger

Featured News