Hi guys,
Biota demerger and relisting on NASDAQ satisfies scrip for scrip rollover relief which means you can defer the CGT event.
Therefore, you do not need to include any capital loss (likely for most holders) in your tax return unless you have sold Biota PHARMACEUTICAL shares.
Search google under biota scrip for scrip and click the first result.
Hope this helps but always check with a tax accountant/adviser.
Hi guys,Biota demerger and relisting on NASDAQ satisfies scrip...
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