Show download pdf controls
  • Share buy-backs



    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

    End of attention

    As a shareholder, you may have received an offer from the company to buy back some or all of your shares in the company. If you disposed of shares back to the company under a buy-back arrangement, you may have made a capital gain or capital loss from that CGT event.

    Some of the buy-back price may also be treated as a dividend for tax purposes. The time you make the capital gain or capital loss will depend on the conditions of the particular buy-back offer. It may be the time you lodge your application to participate in the buy-back or, if it is a conditional offer of buy-back, the time the offer is accepted.

    If the information provided by the company is not sufficient for you to calculate your capital gain or capital loss, refer to Recent share transactions at appendix 2 or to the sources of further information listed in this guide.

    Last modified: 31 Aug 2010QC 16195