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From: | <philip@goodreturns.co.nz> |
Date: | Tue, 25 Nov 2003 11:20:45 +1300 |
One of our readers has
some queries about the Allbury Holdings offer. Can anyone provide some answers? I have some queries and wish
you can clarify: 1. Taxation on dividend. A. Is there any tax applicable to foreign nationals? If so, at what tax rate. B. If A is positive, whether the tax is deducted at source, or I need to appoint
a tax agent to handle? C. Should I subscribe it using my nominee, a NZ tax resident, whether this would
affect the taxation rate I may need to pay? 2. Resaling to secondary market. Should I require to dispose
of this financial instruemnt before its
maturity, whether this is any established market [like New
Zealand Stock Exchange] where I can dispose it off? |
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