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Acrux Limited (ASX:ACR)

ALERT: Price-sensitive ASX Announcement for ACR
Current share price for ACR : $0.012 0.001 (9.09%)+
Announcement
Release
14 May 2026 9:26AM
Price at Release
$0.011
Full Release
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Summary
Acrux Limited announced that despite changes introduced in the 2026/27 Federal Budget regarding Capital Gains Tax, their status as a Pooled Development Fund (PDF) ensures that capital gains from the sale of their shares remain exempt from taxation. This exemption also extends to dividends, which are not subject to income tax. The changes, effective from July 2027, include replacing the 50% CGT discount with cost base indexation and imposing a 30% minimum tax on net capital gains, but Acrux's status under the Pooled Development Fund Act 1992 shields its shareholders from these adjustments, continuing to facilitate investment in small and medium enterprises in Australia.
Key Points
  • Acrux Limited, as a Pooled Development Fund, remains exempt from capital gains tax.
  • The 2026/27 Federal Budget introduced changes to Capital Gains Tax from July 2027.
  • Acrux's shares are exempt from taxation under the PDF scheme.
  • Dividends from Acrux remain exempt from income tax.
  • The Pooled Development Fund Act 1992 aims to stimulate investment in small and medium enterprises.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.