Ann: Dragontail Scheme Implementation Update - Scheme Booklet, page-6

never mind, I read it in part now and appears that you do need to fill out an exemption for or get taxed 25% of the payment, and your only exempt if you hold less than 5% of the company.

It would be interesting to know what an Australian lawyer thought of this because it's all owned by the Australian company and the subsidiary is the Israeli company.

All brings flashbacks of that story about the performance of Jewish companies on the ASX.