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L.E.if RIO do a takeover on a share for share deal,is it correct...

  1. 656 Posts.
    L.E.
    if RIO do a takeover on a share for share deal,is it correct that there would be no CGT payable because no money changed hands.If so it would suit me because I would have to pay the ATO a motza
    Thanks
    Cliff
 
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