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ATO Confirms Tax Relief for De Grey Shareholders in Northern Star Deal
7:01am on Thursday 19th of June, 2025 AEST
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Mining
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ATO Confirms Tax Relief for De Grey Shareholders in Northern Star Deal
7:01am on Thursday 19th of June, 2025 AEST
Key Points
ATO issues Class Ruling CR 2025/40 on tax implications of Northern Star’s acquisition of De Grey Mining
De Grey shareholders received 0.119 Northern Star shares per De Grey share on 5 May 2025
Scrip-for-scrip rollover relief available to defer capital gains tax for eligible shareholders
Market value of NST shares set at $19.2291, equating to $2.29 per De Grey share exchanged
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