Show download pdf controls
  • Telstra 2 shares

    Attention

    Warning:

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

    End of attention

    If you purchased shares in the Telstra 2 share offer, you would have received an instalment receipt after making your first payment. The instalment receipt was issued as evidence that you owned a beneficial interest in the shares.

    If you sold the instalment receipts or shares for more than the amount you paid for them, you may have to pay capital gains tax on the difference between the cost base of the instalment receipts or shares and the capital proceeds from the sale.

    You will not be entitled to indexation of the cost base of the instalment receipts or shares which were purchased after 11.45 am AEST, on 21 September 1999.

    For more information see the publication Guide to Capital Gains Tax.

    Last modified: 23 Dec 2019QC 16138