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Person buys a car on 1/05/2018 for $$22k Then they sell it on 1/05/2020 for $19k Buy shares 1/1/16 for $260k Sells shares 1/5/20 for
Person buys a car on 1/05/2018 for $$22k Then they sell it on 1/05/2020 for $19k Buy shares 1/1/16 for $260k Sells shares 1/5/20 for $810k Company has TO of 1.5M 30/6/19 unspoiled cap loss from prior year of $210k Calc with diminishing value method All asset has life of 4years calculate capital gain/loss
Person buys a car on 1/05/2018 for $$22k
Then they sell it on 1/05/2020 for $19k
Buy shares 1/1/16 for $260k
Sells shares 1/5/20 for $810k
Company has TO of 1.5M
30/6/19 unspoiled cap loss from prior year of $210k
Calc with diminishing value method
All asset has life of 4years
calculate capital gain/loss
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