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Who pays the tax on shares held for children?

Updated over a week ago

We cannot provide tax advice; your individual circumstances will determine who is responsible for the tax. The adult(s) acting as trustee can provide their TFN(s) or provide the child’s TFN.

Please note there are tax implications for minors, so it is always best to check with your accountant or the Australian Tax Office before making your decision.

This link will take you to the ATOs page for chidrens share investments.

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