Share Disposals

In Australia, the tax treatment of share disposals depends on the specific circumstances of the disposal and the individual's tax situation. Here are some general principles that apply to the taxation of share disposals in Australia:

• Capital gains tax: If you dispose of shares that you hold as an investment, you may be required to pay capital gains tax (CGT) on any capital gain that you make
• Business income: If you are in the business of buying and selling shares, any profit that you make from the sale of shares is considered to be business income and is taxed as such.