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Date Posted: Friday, May 31, 11:28:37am
Author: Karen
Subject: Tax implications: NRMA share buy-back offer

Don't know if you can help or not - but do you know about this NRMA share buy-back offer? I just want to know if it's a good thing to do re tax - reads like it is, but it's all a bit confusing. From how I read it (which could be completely wrong) I would pay no capital gains tax and 3 cents per share tax. Whereas if I sold them on the market, I would pay capital gains tax and about 20 cents tax per share.
Can you answer this question, or should I be asking elsewhere?

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