Income Tax Assessment Act 1936

From the Tax Law Offices of David W. Klasing - How to Avoid Draconian Penalties & Criminal Tax Exposure on Your Foreign Bank Accounts and Offshore Income Generating Assets and Businesses

Retrieved on: 
Wednesday, April 13, 2022
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At the Tax Law Offices of David W. Klasing, our seasoned Dual Licensed Tax Attorneys and CPAs have years of experience dealing with the IRS.

Key Points: 
  • At the Tax Law Offices of David W. Klasing, our seasoned Dual Licensed Tax Attorneys and CPAs have years of experience dealing with the IRS.
  • One of these disclosure requirements is the Report of Foreign Bank and Financial Accounts, or FBAR.
  • Regardless of your business or estate needs, the professionals at the Tax Law Offices of David W. Klasing are here for you.
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    SOURCE Tax Law Offices of David W. Klasing, PC

LPI to Demerge Its WA Hard Rock Lithium Assets

Retrieved on: 
Wednesday, January 12, 2022
Lithium, Intention, Risk, LPI, Talison, Income tax, Cth, GLOBE, ASX, Tax, Pilbara Minerals, Income Tax Assessment Act 1936, Time, Attention, ATO, Demerger, Security (finance), Risk management, Holding company

SYDNEY, Australia, Jan. 12, 2022 (GLOBE NEWSWIRE) -- Lithium Power International Limited (ASX: LPI) (LPI or the Company) today announced its intention to demerge its Western Australian hard rock lithium assets (the Demerger).

Key Points: 
  • SYDNEY, Australia, Jan. 12, 2022 (GLOBE NEWSWIRE) -- Lithium Power International Limited (ASX: LPI) (LPI or the Company) today announced its intention to demerge its Western Australian hard rock lithium assets (the Demerger).
  • Lithium Powers Chief Executive Officer, Cristobal Garcia-Huidobro, said:
    LPI believes that there is a compelling strategic rationale for the demerger of LPIs WA hard rock lithium exploration assets.
  • A capital reduction and in-specie distribution to LPI shareholders will provide a direct level of participation in the WA assets.
  • LPIs WA assets are currently held by a wholly-owned subsidiary of LPI, Lithium Power WA Holdings Pty Ltd (DemergeCo).