Forum Topics EDV EDV Cost of EDV shares?
shadow
Added 4 years ago

Hi fellow investors,

Trying to work out the cost base for potential CGT purposes. According to the ATO ruling:

  • 85.81% of the total of the cost bases of your Woolworths shares just before the demerger to your Woolworths shares, and
  • 14.19% of the total of the cost bases of your Woolworths shares just before the demerger to your corresponding Endeavour shares.


To confirm for the EDV component only - this is the calculated as 14.19% of pre-demerger WOW share cost base?

And, if I sold WOW shares after the demerger, the cost base for WOW should be recalculated to 85.81% of pre-demerger WOW cost base?


Appreciate this is not a financial advice / tax advice forumn, but just wanted to wrap my head around the ATO ruling.


Link here: https://www.ato.gov.au/law/view/view.htm?docid="CLR/CR202150/NAT/ATO/00001"

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