tapis 128.86, page-18

Sorry..
I'm confusing myself here
:D

If he bought orig $200m worth (INP)
but now worth $100m, then that is loss of $100m when sold

If he bought orig $200m of Macarthur
but is worth $400m, then thats a gain of $200m

CGT you pay ard 50% ??? (or lets assume it here)
then 50% of $200m profit = $100m tax liable
ie tax he/co would have to pay

so if he offset this $100m of TAX against LOSS of $100m
that would cancel each other out
Presto :D

EXAMPLE PURPOSES ONLY
DYOR

Im NOT saying Talbot or anyone else sold INP
just givin an illustration..