Hi guys,
I've been stashing away money for the last two years and have not heard of FIF until recently. I have a total of 60k invested and have had a 20k profit over the last two years. Which means unfortunately I probably will be subject to FIF tax this year.
I heard asx shares are not subject to FIF and was wondering if there were any stock equivalents or recommendations which are basically like VUG or similar so I can invest without being taxed on unrealized gains.
So salty. Don't they tax you when you sell as well?
u/Adventurous-Bet3632 — 8 days ago