The Australia Taxation Office (ATO) has announced changes in the tax treatment of off-market share buy-backs. As previously reported, the changes were first announced as part of the Budget for 2022-23 to improve the integrity of the tax system by aligning the tax treatment of off-market share buy-backs undertaken by listed public companies with the treatment of on-market share buy-backs. The changes apply for off-market share buy-backs after 7:30 pm AEDT on 25 October 2022. --- Tax treatment of off-market share buy-backs has changed Changes to the tax treatment of off-market share buy-backs offered by listed public companies as announced...