Catalyst will be ATO ruling that allows Return of Capital via off market buyback to be treated as 100% Capital Gain.
Current law states off market buy back above current market share price is treated as a dividend.
I suspect it will be allowable based on:
https://www.ato.gov.au/law/view/document?docid=CLR/CR202411/NAT/ATO/00001
but we have to wait @barny
Catalyst will be ATO ruling that allows Return of Capital via...
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