Tax considerations for capital returns

Wayne Plummer, tax partner with PricewaterhouseCoopers, answers questions about tax considerations for capital returns.

Topics discussed include:

• What actions to take when returning an amount of capital to shareholders.
• What power the Australian Taxation Office (ATO) Commissioner has to characterise a return differently. 
• The type of information which should be included in an application for a class ruling.
• Whether the ATO will provide an opportunity to review a ruling before it is made public.

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Page last updated: Thursday, 11 August 2005

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