IOH 0.00% 70.0¢ iron ore holdings limited

Hi Superwealthy, just a question if you can assist. Tax time....

  1. 10,494 Posts.
    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
 
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