Off market share buy-backs

If you disposed of shares back to a company under a buy-back arrangement, you may have made a capital gain or capital loss. Some of the buy-back price may be treated as a dividend for tax purposes. The time you make the capital gain or capital loss will depend on the particular buy-back offer. If the information provided by the company is not sufficient for you to calculate your capital gain or capital loss, you may need to seek advice from your professional adviser or the Tax Office.