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. Which of the following is correct regarding collectables? i . a capital loss from a collectable cannot be offset against a capital gain from
Which of the following is correct regarding collectables?
i a capital loss from a collectable cannot be offset against a capital gain from any other category of CGT asset.
ii A capital gain from a collectable cannot be reduced by a capital loss from any other category of CGT asset.
iii. A capital gain from a collectable with a cost base of $ or less is disregarded.
iv All capital losses from collectables are disregarded.
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