Questions of the Week – Segregated vs. unsegregated funds

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Question: I just wanted to confirm the report on 27 April 2017 by Graeme Colley about the CGT base reset values for unsegregated funds. Our SMSF (my wife and myself) has over $3.2 million in shares and cash. Can we reset all values for CGT as at 30 June 2017 for all shares that are in a profit situation, and leave all values at original cost on loss making shares? I.e. no reset base value for CGT on these shares. My accountant seems to think we have to reset all share values on 30 June 2017.

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