RE: Consolidated shares opened15 Feb 2021 09:30
In my situation I have made too much this year in stock sale gains, so I will be paying CGT. However I have been way under my dividend tax threshold.
So if I bought Friday then sold today, I move the losses from one pot to the other, reducing the tax paid on investment, but increasing dividends tax free. As it is, I am not planning to just dump all my TSCO shares for a loss, but the point still stands :) Just an alternative way to look at it.