from tax ruling...

  1. 2,088 Posts.
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    from tax ruling https://www.listcorp.com/asx/drm/demetallica-limited/news/ato-class-ruling-tax-implications-2731439.html

    shows DRM inspecie has a cost of $0.3996. You also need to adjust your derived ADN as per that notice and a conversion ratio.

    to convert DRM to A1M, the ratio is 1.3 to 1. So divide the units by 1.3 and multiply the unit cost base by 1.3, parcel cost stays same of course

    and then you realise you sold A1M at a loss as A1M from DRM's inspecie is almost $0.52 ( am using .51948 ), but I have not sold

    I'm not an accountant; these are my calculations, so DYOR
 
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