Hi people
I have two basic question but am a newbie.
I am selling some of my US shares.
1. I have had them for a few years and have not received any dividends despite their value going up. Is that normal? The shares are AAPL.
2. When I turn my sold shares into $AU how are they classified for taxation purposes and is there a simple way to work out how much tax to be paid?
Any tips on getting the best tax benefits would also be appreciated, such as, if I put a deposit down on property would that make a difference. The amount we are talking about is less than 100K. Yes, AAPL have been good.
This is my first foray into the share market. I love the knowledge base in this forum!
Cheers for your help
weev
I have two basic question but am a newbie.
I am selling some of my US shares.
1. I have had them for a few years and have not received any dividends despite their value going up. Is that normal? The shares are AAPL.
2. When I turn my sold shares into $AU how are they classified for taxation purposes and is there a simple way to work out how much tax to be paid?
Any tips on getting the best tax benefits would also be appreciated, such as, if I put a deposit down on property would that make a difference. The amount we are talking about is less than 100K. Yes, AAPL have been good.
This is my first foray into the share market. I love the knowledge base in this forum!
Cheers for your help
weev
