re 3) It is not a personal contribution. It is merely an offmarket transfer from one entity to another entity. But for tax purposed it is deemed a sell and a buy.
So using 1.6 as "consideration price" PO would incurr 8.33m x 0.8 =$66,666 capital loss.
As it will provide a tax advange whenever utilised and using his 47% marginal tax rate, he will receive $31,333 from the tax payer.
Re 2)whatever funds he deposited in NOR, he can withdraw as wages/super and rent.
So for three months the wages consideration is based on $275k remunaration -=68k
I dont know what the rent component could be so I will ignore it.
So from the 200,000 $ invested he will receive back $100k no questions asked.
which makes 8.33 m shares cost 1.2c.........
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Last
3.2¢ |
Change
-0.001(3.03%) |
Mkt cap ! $15.20M |
Open | High | Low | Value | Volume |
3.1¢ | 3.2¢ | 3.1¢ | $3.917K | 125.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 230645 | 3.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 230645 | 0.031 |
3 | 233895 | 0.030 |
2 | 220000 | 0.029 |
2 | 700000 | 0.028 |
1 | 550000 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 100000 | 1 |
0.041 | 123849 | 1 |
0.046 | 21759 | 1 |
0.050 | 1000 | 1 |
0.055 | 18199 | 1 |
Last trade - 12.13pm 30/08/2024 (20 minute delay) ? |
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