R Ravima Registered User Messages 2,835 22 May 2006 #1 If one does not take up shares in a rights issue, but instead get a cheque when the rights are sold by hte underwriter, is the money received treated as Capital gain r Income for tax purposes?
If one does not take up shares in a rights issue, but instead get a cheque when the rights are sold by hte underwriter, is the money received treated as Capital gain r Income for tax purposes?