This chapter explains your capital gains tax (CGT) obligations if you sold or otherwise disposed of any shares or units in a unit trust (including a managed fund) in 2003–04. It also explains what happens when you have a CGT event under a demerger. For information about distributions from a unit trust (other than under a demerger) in 2003–04, see chapter 4.
A managed fund is a unit trust. Where we refer to a unit trust in this guide we are also referring to a managed fund.
Some major share transactions
You may find the information about some major share transactions in appendix 4 useful when completing your income tax return.