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The New Daily
The New Daily
Business
Craig Sankey

Ask the Expert: How to calculate capital gains tax and minimise your payments

capital gains CBA Centrelink

Question 1. I have had CBA shares since their inception (around 1991?). I have no record of my original share portfolio. How do I know how much capital gains tax I need to pay if I sell them?

I recall, as a young CBA teller in 1991, that the initial CBA offer price was $5.40 a share. Unfortunately, I was saving for my first home and didn’t buy any.

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