The online broker E*Trade will offer share trade tax reporting services to investors through Praemium Australia.
The service will summarise investors’ tax positions at the end of each financial year, saving hours in collating contract notes, dividend statements and equity-related documents.
E*Trade managing director Stuart Sayers said the new service will make online trading easier and raise the bar with new innovative services.
E*Trade will offer two additional tax reporting services later in the year.
The service will be available at the end of July.
