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Re: [sharechat] Aussie taxation


From: "Malcolm Cameron" <malharcameron@hotmail.com>
Date: Mon, 07 May 2001 15:12:06 +1000


If one of the shares is BHP trade them in for biliton shares as you do get 
allowances for imputation credits for english shares to the best of my 
knowledge. Or buy shares in companies that do not have many imputation  
credits like most listed australian property trusts
Malcolm Cameron


>From: "Out to lunch" <galeforce@hotmail.com>
>Reply-To: sharechat@sharechat.co.nz
>To: sharechat@sharechat.co.nz
>Subject: [sharechat] Aussie taxation
>Date: Mon, 07 May 2001 01:28:50 -0000
>
>Hi everyone,
>
>Does anybody know what the state of play is with the refusal of Australia
>and NZ refusing to recognise each other's imputation tax credits?  I had
>thought that there was some kind of agreement in the wind to sort this one
>out.  I am in the tricky position where a reasonable chunk of my income 
>will
>soon be coming in the form of Australian dividends, and I am not too keen 
>on
>the prospect of having that income taxed twice under the current system.
>How to get around it?
>
>Thanks
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