NET ASSET APPORTIONMENT
A Redcape Hotel Group stapled security comprises two separate assets for capital gains tax purposes, being a security in Redcape Hotel Trust I (RHT I) and a security in Redcape Hotel Trust II (RHT II). For capital gains tax purposes, you need to apportion the cost of each stapled security and the proceeds for sale of each stapled security over the separate assets that make up the stapled security. The apportionment should be done on a reasonable basis.
One possible method of apportionment is on the relative net assets of the individual entities where the Statutory Net Asset Value (NAV) per entity is used.