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Anyone got responses from the ATO about how to treat the...

  1. JMegL
    112 Posts.
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    06/10/12
    23:41
    Post #: 10823883
    Anyone got responses from the ATO about how to treat the proceeds of the class action? I phoned them and got a non-committal 'We haven't worked it out because nobody has asked us.'

    There's a truly irritating form that I need to fill out to get it sorted, which will probably take a year or two (the decision, not the form). In the interim, I'm just declaring it as a capital gain in the current year, but I'd be interested if anyone else has got a response from the ATO.

    Jenny
    OZL Price at posting: $7.32 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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