Normal
http://www.ato.gov.au/businesses/content.asp?doc=/content/21749.htmeach ot those has a sub heading .. still a hazy area.. and since it is a hazy area i think the 50 percent rule should be across the board... I doubt you would find many short term traders who don't also invest (unless thier undercapitalised - and then would they be classified as a share trader by the above defintion) why should they be penalised? the example in the sunday mail really highlights that.. imo anyway i guess they have some reasoning for it..
http://www.ato.gov.au/businesses/content.asp?doc=/content/21749.htm
each ot those has a sub heading .. still a hazy area.. and since it is a hazy area i think the 50 percent rule should be across the board... I doubt you would find many short term traders who don't also invest (unless thier undercapitalised - and then would they be classified as a share trader by the above defintion) why should they be penalised? the example in the sunday mail really highlights that.. imo anyway i guess they have some reasoning for it..
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