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Ann: ATO Class Ruling for Returns of Capital, page-3

  1. fat1
    257 Posts.
    lightbulb Created with Sketch. 45
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    15/07/24
    16:47
    Post #: 74761517
    This is not financial advice and you should speak to your accountant, however myself and my accountant's understanding is you adjust the cost base. For example if your buy price was $5 it's now $3.61 per share. You use this new cost base for CGT purposes when you dispose of the shares
    PBH Price at posting: 46.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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$1.19 		Change
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