I have just approved my tax return with the accountant today, and remembered... OMG, I got 121 Coles shares in the demerger and used the sale facility for "small shareholders". I hold 121 Wesfarmers shares. Hopefully the accountant would have known to check any of his clients with WES shares. Do I have to pay tax on the sale proceeds?I know there was a ruling on tax relief for some holders. From what I can gather I actually incurred a small capital loss? I looked at the examples on ATO website. I did give the accountant commsec reports, but maybe I should give them a ring in the morning to check this was handled correctly? any info much appreciated. thank you.
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- Tax implications? for small shareholder of WES - demerger
Tax implications? for small shareholder of WES - demerger
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