Understanding tax treatment of suncorpcapital return requires examining multiple perspectives and considerations. CR 2025/22 | Legal database - Australian Taxation Office. The CapitalReturn was an equal reduction of share capital of $3.00 paid to all Suncorp shareholders who owned Suncorp ordinary shares on the Distribution Record Date (18 February 2025). How to handle Suncorp return of capital and share consolidation (2025).
Follow our step by step instructions and learn how to handle the Suncorp return of capital within your Sharesight portfolio. CR 2025/22 - Suncorp Group Limited - special dividend, reduction of .... Suncorp Group Limited (SUN) Return of Capital and Share Consolidation .... In relation to this, here are the instructions to account for the capital return and share consolidation in your Stock Doctor portfolio: Capital Return and Special Dividend.
The capital return of $3.00 will automatically update in your portfolio manager and the payment date is the 5 March 2025. Suncorp Group Limited (ASX Code: SUN) Return of Capital, Special and .... It's important to note that, suncorp Group Limited (ASX Code: SUN) announced the details of a capital return, special and ordinary dividend payment. In this context, suncorp announces capital return and share consolidation for ordinary ....
The capital return will be paid on 5 March 2025, and the fully franked special dividend will be paid alongside the interim ordinary dividend on 14 March 2025. Suncorp advises all shareholders to seek their own taxation advice regarding the consequences of the capital return. CR 2019/70 - Australian Taxation Office.
You can disregard any capital gain from CGT event G1, and a capital gain or capital loss from CGT event C2, where you are a foreign resident and the CGT event happens to your SGL shares that were not ‘taxable Australian property’ (section 855-10). How to handle Suncorp distribution (2019) | Sharesight Help. Furthermore, the capital return itself is not a taxable event. It’s considered a return of your original investment, not income.
Therefore, it won’t be included in your assessable income for tax purposes. However, it will affect the cost base of your Suncorp shares, which is relevant for calculating capital gains tax if you sell your shares in the future. 1 2 Understanding the capital return and share consolida. The dividend reinvestment plan will not apply to the capital return, special dividend and FY25 interim ordinary dividend payments.
A final class ruling is expected to be provided from the Australian Taxation Ofice after the payments have been completed and will be made available on the Suncorp Group webs RE: Suncorp Capital return & Share consolidation Feb 25 - ATO Community. In this context, we appreciate your feedback to help our community grow.
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