In addition to ASIC, ANZ needs to start discussions with the ATO about the CGT issue. Clients will not settle with ANZ until the CGT issue is resolved.
I do not think full restitution of shares can undo the CGT event of the shares having been disposed this financial year. This is a CGT event and will have to reported by either clients or the ANZ to the ATO.
An ATO ruling may be needed to clarify.
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$29.58 |
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10 | 4676 | 29.560 |
10 | 5542 | 29.550 |
7 | 3719 | 29.540 |
7 | 3636 | 29.530 |
Price($) | Vol. | No. |
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29.580 | 817 | 4 |
29.590 | 6873 | 28 |
29.600 | 7359 | 17 |
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