Borrowed time
Article Abstract:
The practice of borrowing money to invest in the stock market has become widespread since the Commonwealth's margin lending initiative, but it has attracted the scrutiny of the Taxation Office. A range of tax deductions claimed by borrowers have been ruled out, and the uncertainty surrounding margin lending has caused investors to avoid these investments until the tax office clarifies its rules.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 1999
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Avoiding the traps
Article Abstract:
It is important that Australians are fully aware of the tax repercussions of owning US shares. The key areas to be considered include tax treatment of dividends and the effect of US and Australian capital gains tax.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 1999
User Contributions:
Comment about this article or add new information about this topic: