Latest Taxation News

Qube Holdings confirms progress on regulatory approvals for its $5.20-per-share takeover scheme by Rubik Australia, with a shareholder meeting scheduled for June 16 and plans for a special dividend.

Tetratherix Limited (ASX:TTX) has launched a $2 million share purchase plan offering eligible Australian and New Zealand shareholders the chance to buy shares at a 2% discount to recent trading prices. The non-underwritten SPP opens on 4 June and closes on 18 June 2026.

FireFly Metals secures ATO Class Ruling confirming its in-specie distribution of Bellavista shares as a capital return, not a dividend, clarifying tax treatment for Australian shareholders.

ANZ Group Holdings Limited has updated details for its 2026 Interim Dividend, confirming an 83-cent payment per share, partially franked, with dividend reinvestment and bonus option plans priced at AUD 35.31.

ParagonCare anticipates recovering up to 32.5% of its exposure to the insolvent Infinity Retail Pharmacy Group, while maintaining a steady FY26 earnings outlook amid cost pressures.

Whitefield Income Limited is raising up to A$108 million through a 2 for 5 entitlement offer priced at A$1.22 per share, aiming to boost its net asset value and expand its investor base.

Zimplats acknowledges Zimbabwe’s classification of platinum group metals as critical minerals and commits to working with the government to navigate the new policy framework while supporting local value addition.

The Australian Taxation Office has issued a Class Ruling confirming scrip for scrip capital gains tax roll-over relief for Diversified United Investment shareholders following their merger with Australian United Investment Company.

Strategic Elements Limited is raising up to $1 million via a Share Purchase Plan (SPP) at 3.5 cents per share, with attaching options exercisable at 4 cents, to fuel development in Energy Ink™ and Stealth Technologies.

Despite sweeping changes to Capital Gains Tax announced in the 2026/27 Federal Budget, Acrux Limited’s status as a Pooled Development Fund ensures its shareholders remain shielded from these new tax rules.

FireFly Metals has completed an in-specie distribution of 60 million Bellavista shares to eligible shareholders following the sale of its Ontario gold projects. Trading in Bellavista shares begins 12 May 2026, while FireFly awaits an ATO ruling on tax implications.

BlackRock Investment Management (Australia) Limited has confirmed cash distributions for four Australian iShares ETFs, with payments scheduled for mid-May and the Distribution Reinvestment Plan open for investors.