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  • Expenses that are not deductible



    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

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    You cannot claim a deduction for the cost of acquiring shares-for example, expenses for brokerage and stamp duty. These will form part of the cost base for capital gains tax purposes when you dispose of the shares. For more information see the publication Guide to Capital Gains Tax.

    Last modified: 05 Dec 2006QC 16138