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Ann: Reinstatement to Official Quotation, page-53

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pizza8686

3,105 Posts.

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23/08/19

08:57

Post #: 40110790
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Originally posted by Tomasp ↑

I'm no expert, but I have done a Finance Masters - in which we covered Tax Law for 1 unit. From my own understanding, CGT discount (50%) applies when the transaction takes place. If money changed hands & contract to enter into purchase was entered over 12mths ago, the discount applies. Doesn't matter that there is a change of name or anything, it is still the same company - hence it would apply.

But this is IMO - seek professional advise

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That’s sounds about right to me
But definitely seek advice from a CPA
Might be able to reduce that further

CGB Price at posting: 3.7¢ Sentiment: Buy Disclosure: Held
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