AFTERPAY LIMITED (ASX:APT) - Ann: Bank of Spain approval and Scheme implementation timetable, 58811097, page-26 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

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9 Posts.

12/01/22

16:33

Post #: 58811097
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Originally posted by mikesheen: ↑

I don't know. There are some really misleading articles out there about the rollover relief Afterpay was seeking from the ATO about this deal - and I think a lot are wrong so it would be best to consult a registered tax accountant and ask them.

What I do know is that if you take the CDI option and automatically let your ASX:APT shares become ASX:SQ2 then that won't be a CGT event and no you won't need to pay CGT on that transaction... but when you sell the ASX:SQ2 shares you will certainly be attracting CGT then.

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@Mike, thank you so much

Originally posted by mikesheen: ↑

That is my understanding, yes.

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APT Price at posting: $77.00 Sentiment: Hold Disclosure: Held
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