Latest Australian Taxation News

Indiana Resources has secured a definitive tax ruling from the ATO clarifying that its recent $0.05 per share capital return is not a dividend, shaping the tax implications for shareholders.

Eastern Metals Limited (ASX – EMS) announces a significant return of capital through an in specie distribution of Australian Gold and Copper Ltd shares, pending shareholder approval and key conditions.

Opthea Limited has received a substantial A$10.8 million R&D tax incentive from the Australian government, reinforcing its commitment to advancing its novel drug candidate sozinibercept. This funding milestone underscores the company’s strategic focus on innovation and fiscal discipline.

BlackRock Investment Management (Australia) Limited has updated its estimated cash distributions for five prominent Australian iShares ETFs, outlining key dates and investor requirements.

BlackRock Investment Management (Australia) Limited has announced the estimated and confirmed distribution dates for 14 Australian domiciled iShares ETFs, outlining important deadlines for investors including the Distribution Reinvestment Plan opt-in and tax certification requirements.

BlackRock Investment Management (Australia) Limited has announced estimated cash distributions for a suite of Australian domiciled iShares ETFs, outlining key dates and reinvestment options for investors.

Memphasys Limited has revised its FY25 financials to reflect a $1.12 million liability linked to uncertain compliance with R&D tax incentive rules, pending a private tax ruling.

Rewardle Holdings addresses ASX queries on its CloudHolter investment, convertible note funding, and financial restatements, while outlining its going concern status despite operational losses.

GTN Limited has received a binding Class Ruling from the Australian Taxation Office confirming that its recent $0.23 per share capital return is not a dividend, clarifying tax implications for shareholders and the company.

Gold Road Resources convened a pivotal Scheme Meeting to approve its $3.8 billion acquisition by Gold Fields’ subsidiary, offering shareholders a compelling cash deal plus a special dividend. The outcome will shape the company’s future and unlock value tied to Northern Star Resources.

Leo Lithium has announced a significant $330 million return to shareholders in 2025, following the termination of its asset acquisition strategy and a decision to monetise remaining assets.

CloudHolter Pty Ltd reported a substantial $39.7 million net loss for FY2025 amid ongoing cash outflows but continues to raise capital through convertible notes as it targets an IPO by year-end.