Crown and its advisors have been in discussion with the ATO to develop a Fact Sheet and CGT Work Sheet that seeks to help shareholders determine the relevant valuation / cost base questions arising from participating in the PBL Scheme and the Demerger Scheme in an easy to understand / use format. The ATO has recently released the Fact Sheet / CGT Worksheet.
Whilst the publication includes some valuable information, it is limited in its application to shareholders who hold their shares on capital account. Tax is a complex matter and a taxpayer's particular circumstances are important. For more information, we direct you to the tax opinion prepared by Ernst & Young and set out in the PBL Scheme Booklet, the ATO's Class Ruling (CR 2007 / 111), the Fact Sheet / CGT Worksheet (if relevant to you) and your own adviser.