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21 Nov 2019 ATO factsheets
The ATO has released the following two related fact sheets:
- Conducting off-market share buy-backs and returns of capital: This fact sheet contains information in relation to conducting off-market share buy-backs and returns of capital by Community Bank companies.
- Tax consequences of off-market share buy-backs and returns of capital: This fact sheet contains information in relation to the tax consequences of off-market share buy-backs and returns of capital for Community Bank companies' shareholders.