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News Corporation Limited (TNCL): 2004 corporate restructure

Find out about the reincorporation of News Corporation in 2004 and how to calculator CGT gains or losses.

Last updated 5 October 2009


This page contains information about the reincorporation of News Corporation in 2004.

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 ordinary shares or preference shares in News Corporation and participated in the corporate restructure in November 2004
  • you did not acquire your shares under an employee share scheme, and
  • any gain or loss you made on the shares is a capital gain or capital loss - this means that you held your shares 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.