Forum Archive Index - May 2001

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[sharechat] CLH>>>>>>Dividend -- Athol

From:	"G Stolwyk" <stolwyk@wave.co.nz>
Date:	Thu, 24 May 2001 16:30:44 +1200

Athol,

The interim was due on 16 March and I received it on 23 March. Your given date is far too late, presumably a transcription error.

Not all Australian dividends are taxed in Australia.

Most financial companies with 100% imputation, pay full dividends and you pay tax on these in NZ.

You can't make use of any imputation. The company of course has already paid the full tax on their profits.

You should get full CLH dividends in the future and pay tax in NZ.

CLH does not need your money and pays dividends in cash

only.

Gerry

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