Where an asset is sold and then bought back to crystallise a CGT Event the ATO seeks to apply Part IVA. But there are more fundamental issues where fungibles are involved in trusts, as seen in the discussions in White v Shortall.
 Led by Dr Campbell Rankine
 Required reading:
TR 2008/1 Income tax: application of Part IVA of the Income Tax Assessment Act 1936 to ‘wash sale’ arrangement tr2008-001.pdf (ato.gov.au)
Commsec Trading Terms and Conditions sharetradingtermsandconditions.pdf (commsec.com.au)
White v Shortall (2006) 68 NSWLR 650 Â https://jade.io/article/3581