What this erratum covers
The Australian Taxation Office (ATO) has issued a correction - called an Erratum - to Class Ruling CR 2026/20. That ruling covers the tax treatment of a return of capital and special dividend paid by Leo Lithium Limited. The erratum corrects typographical errors in dates only. No changes to the substance of the ruling were made.
What was corrected
Three dates in the ruling contained typographical errors. The corrected dates are:
- Paragraph 5 now reads 4 February 2026 (previously stated as 9 February 2026).
- Paragraph 25 now reads 5 February 2026, 4 February 2026, and 22 March 2026 (previously stated as 10 February 2026, 9 February 2026, and 27 March 2026 respectively).
The correction applies from 13 May 2026.
Key actions
The ATO source lists the following steps for those relying on this ruling:
- Shareholders in Leo Lithium Limited who received the return of capital or special dividend and are relying on CR 2026/20 for their tax position are required to check that the corrected dates (4 February 2026, 5 February 2026, and 22 March 2026) are being used, rather than the original dates in the ruling.
- The consolidated version of CR 2026/20 is available on the ATO legal database at https://www.ato.gov.au/law/view/document?docid=CLR/CR202620ER1/NAT/ATO/00001 to confirm the current corrected version is being read.
This is a plain-English summary for information only, not legal or compliance advice. Always check the official source or consult a qualified professional.