Taxation Information

TAXATION INFORMATION

Restructure of Westfield Group and Merger of Westfield Group’s Australian and New Zealand Business with Westfield Retail Trust.

This restructure and merger resulted in the creation of two new listed property groups, Scentre Group and Westfield Corporation, on 30 June 2014.

An overview of the taxation implications of the restructure and merger were included in the securityholder booklets.

For historical taxation information please contact Investor Relations on 02 9358 7877 or investor@scentregroup.com.
 

Stapled Securities and Capital Gains Tax

General information can be found at the ATO website. Additional tax information can be found at 'Frequently Asked Questions'

Taxation Components and Tax Guides

Scentre Group will produce an Annual Taxation Statement for all securityholders who received a distribution from the Group during the relevant financial year. The Tax Statements will be mailed to investors during July, along with a Tax Guide to assist in the completion of your tax return. The taxation components of Scentre Group distributions from 2014 onwards and the corresponding annual Tax Guides will be available on this site, with Scentre Group’s first Taxation Guide and Taxation Statements issues in respect of the 2015 year.

View all
Australian Capital Gains Tax considerations

A Scentre Group Stapled Security comprises four separate assets for capital gains tax purposes (one Scentre Group Limited share, one Scentre Group Trust 1 unit, one Scentre Group Trust 2 unit and one Scentre Group Trust 3 unit). For capital gains tax purposes you need to apportion the cost of each Stapled Security and the proceeds on sale of each Stapled Security over the separate assets that make up the Stapled Security. This apportionment should be done on a reasonable basis. One possible method of apportionment is on the basis of the relative Net Tangible Assets of the individual entities.

Date Scentre Group
Limited
Scentre Group
Trust 1
Scentre Group
Trust 2
Scentre Group
Trust 3
Scentre Group
Total
30 Jun 2017 3.76% 36.90% 59.26% 0.08% 100%
31 Dec 2016 4.33% 36.48% 59.06% 0.13% 100%
30 Jun 2016 4.42% 35.56% 59.89% 0.13% 100%
31 Dec 2015 4.17% 34.83% 60.87% 0.13% 100%
30 Jun 2015 3.74% 34.39% 61.74% 0.13% 100%
31 Dec 2014 4.33% 34.07% 61.49% 0.11% 100%
30 Jun 2014 3.94% 33.34% 62.72% 0.00% 100%

search results for “