Income tax: capital gains: what are the taxation consequences for an individual resident shareholder who accepted the share buy-back offer made by the Commonwealth Bank of Australia (CBA) on 1 December 1997?

TD 98/2 examines the taxation implications which arise where an Australian resident individual accepts the share buy back offer made by the CBA on 1 December 1997.

As the share buy back offer was finalised in the 1997 98 income year, TD 98/2 only applies to that income year.

Accordingly, TD 98/2 is no longer current and is therefore withdrawn.