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Ann: Orocobre and Galaxy Merger - Announcement, page-638

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dgb99.94

493 Posts.

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31/07/21

08:27

Post #: 54923744
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Originally posted by graham4342 ↑

Hi GCar,
I am not an accountant, but I believe that if the merger goes through, you are going to have a Capital Gains Event, regardless of whether you sell your shares or not.

https://www.ato.gov.au/general/capi...tments/cgt-events-affecting-shares-and-units/

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Hi Graham
The critical words are CAN and MAY in that wording. Not compulsory. I am not an accountant but I pay one who told me no CG event for me. Many on here have come to the same conclusion.

GXY Price at posting: $4.66 Sentiment: Hold Disclosure: Held
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