Wow just had a bit of a look at the documents that arrived today
I cant make head or tail of it
on page 107 of the demerger document it talks about Capital Reduction as Return of Capital (does that mean no CGT?)
It also talks about a demerger dividend
Section 10 seems to spell out that CGT does apply but then theres some complicated example on page 119 which apportions value to the arrow shares and Dart shares
Demerger rollover relief sounds like it is good but I cant follow what it is
Is there any body who can decifer this stuff
Its beginning to look a lot easier to sell out before it all happens
??????? Greggy
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