Delisted is just a quick way to obtain a CGT transaction, being...

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    Delisted is just a quick way to obtain a CGT transaction, being that you are disposing of your holdings. The fees to do so are also tax deductible.

    You can wait it out until the company liquidators announcement they are worthless, but that can take a considerable amount of time which is free. I believe also when the company has been de-registered is also grounds for a CGT event. But best check with the ATO about that.


    https://www.ato.gov.au/General/Capi...n-a-company-in-liquidation-or-administration/
    Example - Liquidator's declaration that shares are worthless
    The administrators of Company Ltd made a written declaration on 31 March 2015 that they had reasonable grounds to believe that there was no likelihood that the shareholders of Company Ltd would receive any distribution from their shares.
    Hillary purchased shares in Company Ltd in March 2008 for $1.70, including brokerage costs. Following the administrators’ declaration, Hillary can choose to make capital losses equal to the reduced cost bases of her shares as at 31 March 2015. She claims the capital losses in her 2015 tax return.
    End of example
    If no declaration is made by a liquidator or administrator, or you have not chosen to make a capital loss following a declaration by a liquidator or administrator, you may make a capital loss on your shares or financial instruments when a court order is given to dissolve the company.
    Also, if a company is wound up voluntarily, shareholders may realise a capital loss either three months after a liquidator lodges a tax return showing that the final meeting of the company has been held, or on another date declared by a court. The cancellation of shares as a result of the dissolution of the company is an example of CGT event C2.
 
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