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[sharechat] Telstra; buy back & tax


From: Marilyn Munroe <who.c@res.co.nz>
Date: Sun, 30 Nov 2003 18:18:57 +1300


There has been recent discussion on the tax implications for N Z shareholders 
participating in the butback, lead by Snoopy.

Below is an link to an Aussie web page discussing these points from an Aussie 
tax payers perspective. Seems the offer was structured in a beneficial way 
for those liable for Aussie capital gains tax. This has set off a gold rush 
with only those tendering at the lowest price in the range having their bids 
accepted.

        http://www.crikey.com.au/business/2003/11/26-0002.html

Boop-boop-de-do Marilyn



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