SAS 0.00% 1.6¢ sky and space company ltd

2018 AGM, page-131

  1. 827 Posts.
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    SAS is asx listed and reports financialy to it , anyone employed by australian listed company pays tax to Australia..

    However the companys hired by SAS to do research and development or advise SAS ( example ...Meirs multimodis company ) would report where they are registered for tax , being Isreal ..

    The founders of the company received these shares...(performance shares ) for free ...no transaction took place , there for no input credit ..100% taxable..
    so if sold at spot price of 6 cents would mean after tax ...3 cents per share...

    All in my opinion,,,not a tax expert ..
 
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Currently unlisted public company.

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