PSC 3.85% 12.5¢ prospect resources limited

Ann: Notice of Extraordinary General Meeting/Proxy Form, page-4

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    With respect to the tax perspective,

    Special dividend is a revenue income whereas the capital return is to reduce your cost base of investment (capital)

    Moreover If you hold the asset less than 1 year and with no current year/bf capital losses and/or invested via the corporate structure (no cgt discount), there is no difference between receiving $96c from PSC and sell it in the market for $96c
 
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