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


From: "ryanrite" <ryanrite@xtra.co.nz>
Date: Thu, 24 May 2001 17:15:17 +1200


Thanks Gerry must have got the dates wrong
Athol
----- Original Message -----
From: G Stolwyk
Sent: Thursday, May 24, 2001 4:30 PM
Subject: [sharechat] CLH>>>>>>Dividend -- Athol

 
 
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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