Intrepid Mines Limited: ATO Ruling Re Off-Market Buy-Back

Intrepid Mines Limited: ATO Ruling Re Off-Market Buy-Back

ID: 382023

(firmenpresse) - SYDNEY, AUSTRALIA -- (Marketwired) -- 03/30/15 -- Intrepid Mines Limited (ASX: IAU) ("Intrepid" or the "Company") advises that the Australian Taxation Office ("ATO") has published a final Class Ruling (CR 2015/20) in relation to the Company's off-market share buy-back ("Buy-Back"), which was implemented on 11 December 2014. The Class Ruling details the Australian income tax treatment of income for shareholders who disposed of their ordinary shares in the Buy-Back.

The outcome of the Class Ruling is consistent with information previously provided by the Company. In summary, for shareholders who disposed of their shares in the Buy-Back ("Participating Shareholders"), the Class Ruling confirms the following:

The Class Ruling is attached to this announcement and can be viewed on the website of the ATO ().

The tax consequences of participating in the Buy-Back may vary depending upon the individual shareholder's circumstances. The Company recommends that shareholders seek independent taxation advice on the implications of participating in the Buy-Back, based on their own specific circumstances.

To view the Class Ruling in its entirety, please visit the following link:



Contacts:
Enquiries regarding this report may be directed to:
Ravi Underwood
Chief Financial Officer, Sydney, Australia
+61 2 9357 9000



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Bereitgestellt von Benutzer: Marketwired
Datum: 30.03.2015 - 13:30 Uhr
Sprache: Deutsch
News-ID 382023
Anzahl Zeichen: 0

contact information:
Town:

SYDNEY, AUSTRALIA



Kategorie:

Mining & Metals



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