IOH iron ore holdings limited
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Hi Superwealthy, just a question if you can assist. Tax time....

  1. Matt747
    10,494 Posts.
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    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
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    lightbulb Created with Sketch.  Great analysis
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