Taxation Information

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 and Capital Gains along with Tax Statements 2010.

Establishment of Westfield Retail Trust (ASX Code: WRT)

Please click here to view relevant taxation information regarding your investment in Westfield Retail Trust.

Taxation Components and Tax Guides

The Westfield 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 Westfield Group distributions from 2004 onwards and the corresponding Tax Guides are available at the following links:

• Westfield Group Taxation Components
• Westfield Group 2011 Tax Guide 
• Westfield Group 2010 Tax Guide
• Westfield Group 2009 Tax Guide
• Westfield Group 2008 Tax Guide
• Westfield Group 2007 Tax Guide
• Westfield Group 2006 Tax Guide
• Westfield Group 2005 Tax Guide
• 2005 Tax Statement Cover Letter

The taxation components of Westfield Trust distributions for the years 2000 to 2004 and the corresponding historical Tax Guides are available at the following links:

• Taxation Components
• 2004 Tax Guide
• 2003 Tax Guide
• 2002 Tax Guide
• 2001 Tax Guide
• 2000 Tax Guide

The taxation components of Westfield America Trust distributions for the years 2000 to 2004 and the corresponding historical Tax Guides are available at the following links:

• Taxation Components
• 2004 Tax Guide
• 2003 Tax Guide
• 2002 Tax Guide
• 2001 Tax Guide
• 2000 Tax Guide

Australian Capital Gains Tax considerations

A Westfield Group Stapled Security comprises three separate assets for capital gains tax purposes (one Westfield Holdings share, one Westfield Trust unit and one Westfield America Trust 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

Relative Net Tangible Assets (NTA) of entities in Westfield