I have already explored this, cb. I have a number of entities to which I could flick this crap holding, but the crux of the matter is establishing "fair market value" when, at present, their is no "fair market". The ATO would like to see any transfer performed in a deal where the shares are sold at "fair market value" and the appropriate GST &/or CGT deemed and paid. We all appreciate that our holding is essentially worthless, but until the stock comes back onto the ASX (unlikely) or is taken off the exchange and become, in essence, a private company, then the "fair market value" is almost impossible to determine. It's just another reason to be totally pissed off with the shitwits that run BPG.
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