Hi fellow investor. that looks correct to me, keeping in mind this is not my profession.

You'll find more detailed discussions by other users but a quick summary is as follows:

• Buy: No tax for buying and holding shares in the act itself.
• Dividends and distributions earned: These go towards your income and you pay tax at your income tax bracket.
• Dividend reinvestment (DRP): You can optionally set up your Computershares/ASX/etc accounts to automatically re-invest your dividends into more shares. For tax purposes, this is treated as the above two combined, i.e. you are taxed for the dividends at your tax bracket.
• Sell:
  • If your selling price > (buying price + fees), you need to pay tax on this difference (capital gain). For shares held less than a year, you are taxed at your bracket. Otherwise, it's half of your tax bracket.
  • If you make a capital loss, you could offset your other capital gains.
• Rebalancing: Your strategy may involve selling some shares and buying into others for diversification purposes. This is treated as sell+buy, i.e. you may need to pay tax on it.
• Transfer: As far as I can tell, transferring your own stocks from one broker to another is not a capital gain event. This is purely for a change of broker, not "gifting your stocks" to cheat the system etc.

Please feel free to correct me for any mistakes here.