Latest Taxation News

TPG Telecom has completed its transformative Vocus acquisition, launching a $4.7 billion capital management plan that includes a $3 billion shareholder return, significant debt repayment, and strong FY25 financial guidance.

Washington H. Soul Pattinson and Brickworks Limited have unveiled plans to merge via inter-conditional schemes, creating a new ASX-listed entity, Topco. The combination promises enhanced liquidity, portfolio diversification, and a stronger balance sheet, with expert endorsement affirming its benefits for shareholders.

Brickworks Limited and Washington H. Soul Pattinson have unveiled plans to combine under a newly capitalised ASX-listed entity, Topco, aiming to simplify their complex cross-shareholding and unlock shareholder value. Shareholders are set to vote on the scheme in September, with the merger expected to enhance liquidity and deliver dividend accretion.

Betashares Capital Ltd has announced the final distribution amounts for 16 of its ETFs for the July 2025 period, detailing payment dates, reinvestment options, and tax implications.

Vectus Biosystems confirms safety of its lead fibrosis drug VB0004 from Phase Ia/Ib trials and advances licensing talks globally, including in China, while managing costs and funding challenges.

Golden Mile Resources has completed its first Reverse Circulation drilling campaign at the Pearl Copper Project in Arizona, revealing significant copper, lead, zinc, and silver mineralisation. Meanwhile, drilling continues at its Leonora Gold JV with assay results pending.

Indiana Resources has reported significant extensions of high-grade gold mineralisation at its Minos prospect within the Gawler Craton Project, alongside a proposed capital return and key executive appointments to drive future growth.

Identitii Limited has refinanced a $0.8 million loan with an interest-free facility from its largest shareholder, Beauvais Capital, reducing interest expenses and freeing up company assets.

Careteq Limited reports a significant reduction in operating cash outflow and modest revenue growth for FY25, while facing delays in its key platform integration and a dispute with the ATO over R&D claims.

Domain Holdings Australia has received a draft class ruling from the ATO that aligns with its previously disclosed tax positions for the upcoming CoStar acquisition scheme. The final ruling, expected post-implementation, will provide definitive tax clarity for shareholders.

Anatara Lifesciences has received nearly $1 million from the Australian Government’s R&D tax incentive, providing a vital capital injection to advance its Anti-Obesity pre-clinical studies.

Ainsworth Game Technology shareholders will vote on a scheme of arrangement for acquisition by Novomatic AG, offering $1.00 cash per share including a potential fully franked dividend. The deal, valued at a 35% premium, awaits court approval in September.