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Company delisting from ASX & listing in US, page-4

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SonicBlast

14,591 Posts.

39

11/01/25

23:19

Post #: 77365919
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Originally posted by tuts: ↑

Here os more. In simple terms, in IS, one pays 0%, 15% or 20% for ling term CGT, and at the same rate according to income for short term CGT.

But that is for a simple case of CG in the US, but I am interested in what and where one has to pay CGT:

In this example assume the following to focus on THE question on hand: 1- shares are held LT in australia and US, 2- the tax CGT rate in each country is 20%, and 3- AU$1.00=US$1.00.

Say one buys 10000 shares at $1 each in some ASX company, XYZ. and after keeping them for 2 years, the SP reaches $3 when the company delists from.ASX and lists in US. say after another 2 years the SP reaches $5 when one sells them and transferrs the mobey to Aus. All thos time the owner resided in Aus and is an Aus tax resident (& not even residing in US).

As a simple calculation, to which country and how much should the person pay CGT?

Expand

Australian Resident. Australian Taxes.
If Company XYZ paid Dividend then US Witholding tax and Australian Non Franked Dividend.

Id like to see a history of such moves to US Markets that were successfull. Cause alot of failures.
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