Webjet’s Demerger Tax Ruling Clarified

Webjet Limited (AU:WEB) has released an update.

Webjet Limited has announced a final class ruling from the Australian Taxation Office regarding its recent demerger, affecting shareholders’ tax obligations. The demerger was implemented on September 30, 2024, and the ruling clarifies the income tax consequences for shareholders. This development is crucial for investors to understand the financial implications of their holdings in Webjet.

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