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Indiana Resources Limited ( (AU:IDA) ) just unveiled an announcement.
Indiana Resources Limited has received a final Class Ruling from the Australian Taxation Office regarding a $0.05 per share capital return paid to shareholders on August 15, 2025. The ruling clarifies that the capital return is not considered a dividend for tax purposes, and outlines the tax implications for both Australian and foreign resident shareholders. The ruling indicates no adverse tax consequences for Indiana Resources, potentially strengthening its financial position and providing clarity for its shareholders.
More about Indiana Resources Limited
Indiana Resources Limited is a company listed on the Australian Securities Exchange (ASX: IDA), operating in the resources sector. The company focuses on the exploration and development of mineral resources, aiming to enhance shareholder value through strategic investments and operations.
YTD Price Performance: 100%
Average Trading Volume: 1,804,942
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$32.19M
Learn more about IDA stock on TipRanks’ Stock Analysis page.