WPG 0.00% 1.5¢ wpg resources ltd

$1.52 cash backing plus coal and port assets , page-56

  1. 1,184 Posts.
    lightbulb Created with Sketch. 43
    Wazza222 sometimes the ATO is your friend ;-)

    Here's a few key points from a fact sheet they posted on their website relating to a previous capital return by AMP Ltd - tax consequences of a capital return by WPG would be similar...

    Are there any tax consequences for me?

    - As a result of the return of capital, you must adjust the cost base and reduced cost base of your shares.

    - The capital return on your shares is a capital gains tax (CGT) event that may have resulted in a capital gain for you. Depending on the outcome, you may have to include some details on your tax return.

    Did I make a capital gain?

    You have made a capital gain if your cost base per share on the payment date was less than the amount you received for each share.

    http://www.ato.gov.au/content/78687.htm
 
watchlist Created with Sketch. Add WPG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.