Latest Withholding Tax News

Buxton Resources has returned to profit after selling its 49% Copper Wolf joint venture interest to IGO for A$5.91 million. The transaction lifted cash and term deposit investments to A$7.39 million, but the explorer remains dependent on capital and future discoveries rather than recurring earnings.

Pan African Resources has corrected its previously announced final dividend to ZAR 0.65 per ASX-listed CDI after identifying a decimal placing error. The unfranked distribution remains subject to a default 20% South African withholding tax, with payment scheduled for 15 December 2026.

Spark New Zealand has confirmed the final currency conversion and reinvestment price for its 30 June 2026 distribution. Shareholders will receive NZD 0.08705882 per share, or AUD 0.07022128, with payment and new DRP shares scheduled for 2 October.

Pan African Resources delivered record FY26 production, earnings and cash generation, moving from net debt to a US$185.7 million net cash position. The gold producer is proposing a record dividend and launching a ZAR500 million buy-back, while warning that FY27 costs will rise as it funds further growth.

JPMorgan Equity Premium Income ETF reported a sharp fall in operating profit as fair-value losses overwhelmed higher distribution income. The fund will also switch its underlying ETF from NYSE Arca to a London-listed vehicle, while keeping its stated investment objective and total management fees and costs unchanged.

Channel Infrastructure has set the Dividend Reinvestment Plan price for its 2026 half-year dividend at NZ$3.4012 per share. The NZ$0.0725 unfranked dividend will be paid on 24 September, with participating shareholders receiving new shares at a 1% discount.

The Australian Taxation Office has confirmed the tax treatment of Brazilian Rare Earths’ Alurion Resources demerger, including roll-over relief and the split of shareholders’ cost bases. The ruling gives eligible BRE investors a clearer framework for handling the distribution in their tax records.

BlackRock Investment Management reveals the estimated distribution for the iShares S&P Small-Cap ETF (IJR) ending June 2026, highlighting a significant portion of income sourced from foreign earnings and discounted capital gains.

Venus Metals (ASX:VMC) is set to distribute 25 million Rox Resources shares to shareholders and signals a potential $35 million cash dividend following its Youanmi royalty sale.

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.

US Masters Residential Property Group (URF) sold 40 properties for US$48.59 million in Q1 2026, cutting its portfolio to 121 assets valued at US$123.21 million. The Group targets a full exit by year-end amid stable market conditions despite geopolitical and local political challenges.

Diamond Infraco 1 Pty Ltd, backed by IFM Global Infrastructure Fund, has tabled an all-cash takeover offer for the remaining Atlas Arteria securities at A$4.75, rising to A$5.10 if a 45% stake is secured. The bid comes amid concerns over Atlas Arteria’s recent strategic pivot and operational underperformance.