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Form 605 Corporations Act 2001, Section 671 B Notice of ceasing to be a substantial holder 12 Company Name/Scheme Elemental Minerals Limited ACNIARSN 1. 108 066 422 Details of substantial holder (1)
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Section 671 b refers to a part of the Internal Revenue Code that pertains to the taxation of certain trust arrangements.
Trustees or grantors of certain trusts are required to file section 671 b.
Section 671 b should be completed by providing information about the trust arrangement, grantor, and beneficiaries.
The purpose of section 671 b is to ensure proper taxation of income and distributions from certain trusts.
Information such as the name of the trust, grantor, beneficiaries, and income distributions should be reported on section 671 b.
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