IOH
Click for more information
0.00% 70.0¢ iron ore holdings limited

Cash Payment, page-5

  1. Matt747
    10,494 Posts.
    clock Created with Sketch.
    08/09/15
    11:15
    Post #: 15953459
    Hi Superwealthy, just a question if you can assist. Tax time.

    You know the cash payment component (10c) paid to IOH holders for the BCI merger.

    For income tax purpose, is the payment taxable (in it's entirety) ?

    I don't think it was a tax-free return-of-capital type arrangement.

    Cheers
    IOH Price at posting: 70.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

CTT Cettire has launched in China – but can it turn its share price around?
right-arrow Created with Sketch.
NEWS Money and Investing: Talking the minefield of divorce & family law
right-arrow Created with Sketch.
GWR Scoping study and Phase 2 drilling progress Prospect Ridge magnesium play for GWR
right-arrow Created with Sketch.
MYR Myer lobs proposed merger at major shareholder Premier Investments
right-arrow Created with Sketch.
HMD HeraMED delivers digital maternity care to select clinics with Telstra
right-arrow Created with Sketch.
JGH Jade's strong gas exploration results another step towards Mongolian development
right-arrow Created with Sketch.
watchlist Created with Sketch. Add IOH (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.