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Invested in shares in 2019-20, but got no dividends from it. Do I need to report it to the ATO?

Newbie

Views 485

Replies 1

Hi everyone,

 

I'm completely new to taxes and share trading. So, I bought some shares a couple months ago just to test the stock market out. I haven't sold them, I've just been holding onto them. I also haven't received any money from it (e.g. dividends). So, I'm not too sure if I need to report this. If I do, can someone direct me to where I need to go? 

 

Thanks in advance.

1 ACCEPTED SOLUTION

Accepted Solutions

Most helpful response

Devotee

Replies 0

Nothing to declare if no dividends received - simply keep records of transactions as will be required for capital gains calculations if selling at later point

1 REPLY 1

Most helpful response

Devotee

Replies 0

Nothing to declare if no dividends received - simply keep records of transactions as will be required for capital gains calculations if selling at later point