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lup - I wish it were as simple as reading a ATO publication. If the paper was softer it could have dots and be serated into little squares. Westfield investors have NO IDEA on cost base in most cases. Splits, mergers, demergers, rights issues, purchase plans, DRP and reconstructions have left...

The 32.5 % tax rate isnt correct as tess suggests. Your calc basis is correct. You net the gans & losses THEN discount 50% and that value is taxed at your marginal tax rate. ie see below. Salary $70K. Now taxable income is $150K. The extra CGT income will be taxed as follows: - 70,000 -...