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Fitzroy River Corp. Ltd. ( (AU:FZR) ) has provided an update.
Fitzroy River Corporation Ltd has announced that the Australian Taxation Office has issued a Class Ruling regarding the tax implications of a $0.02 per share capital reduction. This ruling confirms that the return of capital will not be treated as a dividend for Australian income tax purposes, and shareholders are advised to seek individual tax advice regarding their specific circumstances.
More about Fitzroy River Corp. Ltd.
Average Trading Volume: 16,057
Technical Sentiment Signal: Buy
Current Market Cap: A$17.27M
For detailed information about FZR stock, go to TipRanks’ Stock Analysis page.