Westfield 2004 restructure - tax consequences for Westfield trust unit holders

Introduction

This page contains information about the 2004 Westfield Group Merger.

This information applies to you if:

• you are an individual not a company or trust
• you are an Australian resident for tax purposes
• you held units in Westfield Trust and participated in the Westfield Group Merger in July 2004
• you did not acquire your units under an employee share scheme, and
• any gain or loss you made on the units is a capital gain or capital loss - this means that you held your units as an investment asset, not:
• • as trading stock
  • as part of carrying on a business, or
  • to make a short-term or 'one-off' commercial gain.