Are CFD's taxable?

Question

Are CFD's taxable?

 · Accepted Answer

Bruce4Tax · Answer

Is this taxable Yes - are there any circumstances where CFD gains are not taxable? No I lost about $6,000 last year trading CFD's. Can I carry forward these losses to offset my gain this year? No - you need to amend last year's return to claim the loss. https://community.ato.gov.au/s/question/a0J9s00000019zHEAQ/p00014698

Explore tax & super topicsExplore tax & super topics

About usAbout us