If a company is taken over and the shareholders are paid in shares of the acquirer rather than cash, then the ATO allows a scrip for scrip rollover of capital gains and it is deferred to when the acquired shares are sold.
This may be beneficial for some holders who have held for less than a year, I.e. keep holding the acquirers shares until a year has passed and then you are able to halve the tax liability via the 50% CGT discount.
If a company is taken over and the shareholders are paid in...
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