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GTN Secures ATO Ruling on $0.23 Capital Return: What It Means for Shareholders

7:01am on Thursday 25th of September, 2025 AEST Media & Entertainment
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GTN Secures ATO Ruling on $0.23 Capital Return: What It Means for Shareholders

7:01am on Thursday 25th of September, 2025 AEST
Key Points
  • ATO confirms $0.23 per share capital return is not a dividend
  • Australian shareholders face capital gains tax adjustments, not income tax
  • Foreign shareholders generally exempt from capital gains tax on return
  • Capital return funded by new debt and cash, approved by shareholders
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