29/05/2018 - 16:08

King River secures personal tax credit for shareholders

29/05/2018 - 16:08

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King River Copper has provided an unexpected windfall for its investors by converting some of its exploration tax losses into a $306,000 tax credit that will be passed on individually to its shareholders under the Government’s “Exploration Development Incentive.” The credit is made possible by an innovative tax scheme introduced in 2014-15 to help greenfield explorers find Australia’s next big mineral deposit

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