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ATO Clarifies Tax Treatment for Red Metal’s Maronan Metals Share Distribution
5:07pm on Friday 26th of June, 2026 AEST
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Mining
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ATO Clarifies Tax Treatment for Red Metal’s Maronan Metals Share Distribution
5:07pm on Friday 26th of June, 2026 AEST
Key Points
ATO issues Class Ruling CR 2026/36 on tax treatment
In-specie distribution of Maronan Metals shares on 15 May 2026
Shareholders advised to seek independent tax advice
Ruling clarifies income tax consequences of return of capital
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