I need help around CGT for shares where a company has split

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 · Accepted Answer

Bruce4Tax · Answer

Demergers like this usually move part of the cost base from the original shares to the new shares. Whether this is the value on issue, or a % of the X cost base, will depend on the terms of the demerger. There should be an ATO class ruling for X to Y that tells you how cost base has to be treated.

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