By proceeding you confirm that you are a resident of Australia or New Zealand accessing this website from within Australia or New Zealand and you represent, warrant and agree that:
The Charter Hall Long WALE REIT (ASX:CLW) (the REIT) Notice of Meeting to Securityholders dated 10 July 2018, stated that the Responsible Entity of the REIT was in the process of obtaining a Class Ruling and Private Ruling form the Australian Taxation Office (ATO) in relation to the simplification of CLW and the move from three stapled-trusts to two stapled-trusts.
Following discussions with the ATO, the Class Ruling and Private Ruling Applications have been withdrawn by the Responsible Entity.
The tax outcomes for investors as a result of the simplification transaction are contained in the Tax Information Sheet which is located on the CLW website www.longwalereit.com.au.
The taxation outcomes are consistent with those outlined in the Notice of Meeting, dated 10 July 2018.
These outcomes are only relevant for CLW investors who were unitholders on 22 August 2018. Securityholders who were not on the register on this date can disregard this Tax Information Sheet.
The Tax Information Sheet has been provided to the ATO and the ATO have given a written undertaking to the Responsible Entity that the ATO will not apply further compliance resources to review the taxation outcomes, in instances where Securityholders adopt the treatment in the Tax Information Sheet.
Investors should consult the Tax Information Sheet and seek independent taxation advice if they are unclear on the taxation outcomes.