INCOME TAX ASSESSMENT ACT 1936 - SECT 159GZZZR No part of on-market purchase price is a dividend
INCOME TAX ASSESSMENT ACT 1936 - SECT 159GZZZR
No part of on-market purchase price is a dividend For the purposes of this Act, where a buy - back by a company of
a share is an on - market purchase, no part of the purchase price in respect
of the buy - back of the share is taken to be a dividend.