RXL 13.0% 13.0¢ rox resources limited

Wait for the ATO ruling that they will probably issue (as they...

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  1. 1,354 Posts.
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    Wait for the ATO ruling that they will probably issue (as they do for share demergers) which will tell you how to deal with it.
    At least it is in the 2021-22 Tax Year so no rush.

    For example... the below link is the ATO ruling for when Woolworths demerged its alcohol sections into Endeavour.

    Dated 28 July - the demerger happened 1 July.

    So... going by that I would say we might have an ATO ruling in a month or two.

    https://newswire.iguana2.com/cf2e8fd8425a86af/wow.asx/2A1312298/

    This is the Wesfarmers to Coles ATO ruling

    https://www.ato.gov.au/Individuals/Tax-return/2019/In-detail/Publications/Wesfarmers-Limited---demerger-of-Coles-Group-Limited-(2018)/


    Last edited by BartBart: 07/08/21
 
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