NAB national australia bank limited

News: NAB National Australia Bank obtains class ruling from Australian Taxation Office

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    March 9 (Reuters) - National Australia Bank Ltd (NAB) :

    • Demerger of CYBG - Australian tax information
    • Says class ruling confirms that the receipt of cybg securities under the demerger is not an assessable dividend
    • Has obtained class ruling from Australian taxation office on taxation implications of demerger of cybg plc for Australian tax resident shareholders
    • Lt- class ruling also confirms that the market value of a cybg security for Australian capital gains tax purposes is $4.01
 
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