Loading
This thread is archived and the information may not be up-to-date. You can't reply to this thread.
Dave7(Initiate)Initiate
28 Sept 2023

Hi,


My company is about to be purchased by a foreign entity. In connection with the transaction, I will receive shares in the foreign entity acquiring my company. Is the scrip for scrip rollover available to me when the acquirer is not an Australian company?


Thanks!

1,020 views
1 replies
1,020 views
1 replies

Most helpful response

Most helpful reply

TobyJDodd(Devotee)Registered Tax Professional
28 Sept 2023

Hi


Generally no.


You may wish to apply for a private ruling if the amount is significant


Toby

All replies

Featured articles

Renting out all or part of your home? What to include in your tax return

15 Apr 2026 · 4 min read time

How to work out your tax residency

15 Apr 2026 · 8 min read time

Top liked users

  1. Taxduck

    (Taxicorn)

    1288 likes

  2. Bruce4Tax

    (Taxicorn)

    1117 likes

  3. YellowPotato

    (Taxicorn)

    340 likes

  4. Ken_Oath

    (Master)

    199 likes

  5. knaresbro

    (Devotee)

    141 likes

Top contributors

  1. Bruce4Tax

    (Taxicorn)

    3397contributions

  2. Taxduck

    (Taxicorn)

    2829contributions

  3. YellowPotato

    (Taxicorn)

    903contributions

  4. knaresbro

    (Devotee)

    295contributions

  5. TobyJDodd

    (Devotee)

    176contributions

Loading
Scrip for Scrip rollover when the acquiring entity is a foreign company | ATO Community