Before asking my account, just like to find out from people trading in overseas shares in offshore brokers such as IB. When it comes to tax time does the ATO's take into account these overseas activity when determining if you are an investor or trader?
I have contacted the ato about this question, however the person who I spoke to wasn't sure either and will reply back to confirm an definitive answer.
I have contacted the ato about this question, however the person who I spoke to wasn't sure either and will reply back to confirm an definitive answer.