regularASX,
Yes, you are correct, I do not have to sell them all in one hit.
If I did have to sell them, then I would probably sell them over the course of a few years, so as to keep my taxable income down.
As I understand the tax law; if a takeover is paid in kind with shares of the company that is doing the takeover, then that is not classed as a CGT event, but rather, the shares rollover. Though I would need to study up on that to be sure.
But this is something to think about more as I near legal retirement age (quite awhile to go yet.) Many governments will come and go in that time, and so too the laws will change with the wind.
--Dan
acquisitions/takeover, page-60
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add STO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.58 |
Change
0.110(1.47%) |
Mkt cap ! $24.61B | |||
| Open | High | Low | Value | Volume |
| $7.46 | $7.65 | $7.44 | $81.52M | 10.77M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 70983 | $7.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.59 | 22923 | 1 |
View Market Depth
| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| STO (ASX) Chart |