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Euroz Hartleys Receives ATO Ruling on Capital Return Tax Implications

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Euroz Hartleys Receives ATO Ruling on Capital Return Tax Implications

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Euroz Hartleys Group Limited ( (AU:EZL) ) just unveiled an announcement.

Euroz Hartleys Group Limited announced that the Australian Tax Office has issued a class ruling regarding the income tax implications of the company’s recent capital return to shareholders. The ruling clarifies that the capital return will not be treated as a dividend for tax purposes, and outlines the conditions under which shareholders may incur capital gains or adjust their cost base. This announcement provides clarity for shareholders and may impact their financial planning and tax obligations.

The most recent analyst rating on (AU:EZL) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Euroz Hartleys Group Limited stock, see the AU:EZL Stock Forecast page.

More about Euroz Hartleys Group Limited

Euroz Hartleys Group Limited operates in the financial services industry, focusing on providing investment and financial advisory services. The company is listed on the Australian Securities Exchange under the ticker EZL.

Average Trading Volume: 120,782

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$154.7M

Learn more about EZL stock on TipRanks’ Stock Analysis page.

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