tullow price aust dollar, page-21

Hi Complex et al,
When you put it that way it's pretty obvious really that the the broker and bank have no idea of the CGT to be paid or withheld.
Once again it seems it could be this simple. Just pay CGT on the cash part of the takeover this finacial year end. Then when selling Tullow just transfer back here and pay CGT on that component. (minus banking and forex transfer costs :-).
What are your thoughts on the need for an offshore/channel island bank in this case? Just a mainland UK would seem to serve the same purpose.

By the way E*trade UK finally realised I opened my account with them with using my Aussie bank details and requested UK bank details.

Cheers, Glenn