Say, one buys 200,000 hdr shares @ $2.00.
Soon after (say 3 weeks) a take over is successful @ $2.75/share, which is far too low i.m.h.o. and the shares have to be surrendered.
Will the 50% capital gains tax apply in this scenario?
I would have thought it will, but have no expertise in this field.
Can anyone comfirm or deny this?
HDR
hardman resources limited
t/o question
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)