http://debianws.lexgopc.com/wiki143/index.php?action=history&feed=atom&title=Scrip_bidScrip bid - Revision history2026-06-02T02:10:33ZRevision history for this page on the wikiMediaWiki 1.43.1http://debianws.lexgopc.com/wiki143/index.php?title=Scrip_bid&diff=7741132&oldid=previmported>AnomieBOT: Dating maintenance tags: {{Mcn}} {{Cn}} {{Globalize}}2024-11-02T16:27:41Z<p>Dating maintenance tags: {{Mcn}} {{Cn}} {{Globalize}}</p>
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In Australia, a '''scrip bid''' is a [[takeover offer]] where [[share (finance)|shares]] are offered partly or wholly in place of [[cash]]. This means that, if a take over bid is accepted, shareholders in the target company will receive shares in the new merged entity. This has advantageous tax implications for investors as gains on the sale of shares<ref name="w397">{{cite web| url=https://www.fma.govt.nz/assets/Consultations/150825-consultation-paper-scrip-offers-in-takeovers.pdf |title=Scrip offers in takeovers |website=Financial Markets Authority}}</ref> acquired on or after 19 September 1985 are subject to [[capital gains tax]].{{cn|date=November 2024}} By receiving shares instead of cash the realisation of the capital asset can be delayed to take better advantage of capital loss offsets. Additionally, tax payers are only taxed on half the capital gain if they hold the asset for more than 12 months.<ref name="w397"/><br />
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==References==<br />
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[[Category:Finance in Australia]]<br />
[[Category:Mergers and acquisitions]]<br />
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