4DS - Anything but Charting, page-9704

Sorry,

I don't want to enter discussion, but since you asked :

have a look at that.
https://www.nab.com.au/personal/life-moments/manage-money/money-basics/capital-gains-tax


CG will be part of your assessable income and taxed at the same progressiv rates.

If you hold for more than 12 months, you will have a 50% discount on your capital gain.
So if you sell part of the your shares you bought in june 2020 (for example) , and you buy them back in january. And if there is a takeover in July 2021, the capital gain you will make on the shares you buy back in june will be taxed on 100% of the CG and the shares you bought in June 2020 (more thant twelve months before the TO) will be taxed on 50% of the CG.

This is for a cash take over. if it is scrip for scrip (for example X shares of 4DS against Y shares of WDC), you will pay no CGT on 4DS shares.

You will only pay CGT on WDC shares that you may decide to sell in the following months and years.