Wesfarmers/Coles Takeover - Aussie Stock Forums

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  1. #1

    Default Wesfarmers/Coles Takeover

    Does anyone know the price we are deemed to have paid for the Wesfarmer Shares we recived in the Coles take over?

  2. #2
    Hatchet Moderator doctorj's Avatar
    Join Date
    Jan 2005

    Default Re: Wesfarmers/Coles Takeover

    If you opted to receive 100% scrip, you could be eligible (*see your tax accountant*) for CGT rollover relief, meaning the cost base of your WES shares is equal to the cost base of your old CML shares.

    What do you need the information for?

  3. #3

    Default Re: Wesfarmers/Coles Takeover

    Just trying to work out CGT obligation.

  4. #4

    Default Re: Wesfarmers/Coles Takeover

    Hi again, still trying to work this out.
    I had 933 CML Shares, I received a Cash Consideration of $3732,
    133 Wesfarmers Ordinary Shares and 133 Westfarmers PPS.
    I can't find out what I was deemed to have paid for the Shares?
    Any help would be great.

  5. #5

    Default Re: Wesfarmers/Coles Takeover

    Another question, if you KNOW you made a capital loss for the year, can you just not worry about it in your tax return and leave it for another year?

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