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Bill delay sets back WMC demerger

THE break-up of WMC has hit another delay after Labor yesterday forced the demerger bill to a Sen...

Greg Tubby
Bill delay sets back WMC demerger

If the bill passes parliament company demergers would no longer attract capital gains tax at either the investor or corporate entity level, and would be backdated to July 1. WMC had expected to convene...

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