LYC 0.00% $6.40 lynas rare earths limited

average down - lyc, can it work?, page-91

  1. 50 Posts.
    Mate,

    Thanks so much for your kindness to go the extra distance in helping.

    I have already an answer for what I intend to do. You see, I’m in a situation which enables me to either choose to be in the resident or non-resident category. Handling of this complicated CGT is in itself a cost & adding this to the tax itself, I see neither any at all nor much significant advantage over being of a non-resident. I think I shouldn’t lose out much, if at all any, with the 10% flat CGT besides being hassle free.

    See, it’s as simple as that. Get it?

    Cheers mate, see you here next time, need to go catch a little sleep now.

    Thanks mate.
 
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