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CaroATO(Community Support)Community Support
13 July 2023

Hi @user3416310,


I can see where your confusion is from.


You can be either a share trader or investor.


As a share trader you'll let us know about the profit from sale of your shares as assessable ordinary income and losses as deductible against your income.


If you were a share investor, your profit from sales will be a capital gain whereas a loss would be either used to offset a capital gain or carried forward offset a future capital gain.


Keep in mind, exchange traded AGBs are CGT assets but your gains and losses are reported as other income and other deductions as per the information from our technical team.

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RE: Clarification on tax treatment of exchange traded AGBs | ATO Community