More information

For more information about this return of capital, see Class Ruling CR 2011/56 Income Tax: return of capital - nib holdings limited. This is an ATO ruling on the tax consequences arising from this return of capital.

For more information about the tax implications of owning shares, see the following publications:

You and your shares (NAT 2632) - this publication is for individuals investing in shares or convertible notes and offers guidance on the taxation of dividends from investments, allowable deductions from dividend income and record-keeping requirements for investors.

Guide to capital gains tax (NAT 4151) - this publication explains how capital gains tax works and will help you to calculate your net capital gain or net capital loss. 

Personal investors guide to capital gains tax (NAT 4152) - shorter than the Guide to capital gains tax, this publication covers the sale, gift or other disposal of shares or units, distribution of gains from managed funds, and non-assessable payments from companies or managed funds.

For help applying this information to your own situation, phone us on 13 28 61.

    Last modified: 03 Feb 2016QC 25067