GFTG shengtou Pty Ltd is Australia registerd company, the...

GFTG shengtou Pty Ltd is Australia registerd company, the transfer occurred capitipal gain, so it has to pay ATO the tax by this deal.( very strange)

But BVI company gets tax free, so if it's for tax offset purpose, Wrong way!

There is no joint liability for the share holders at all, so GFTG takes some actions is much better than just keeping slient.

I can only understand GFTG is prepared to takeover KZL at cheap price then re-sell it when metal market recovers, in this way, it can get huge tax-free benefits in future. Otherwise, no obvious reason to explain this action.

Are there some accountants can provide ideas? Thanks!