Ann: Change of Director's Interest Notice - Fred Bart, page-2

He also moved a large amount of EOS to the same company. The only thing I can think of. Australian govt is looking at reducing Australian company tax rates over time so when you have $100’s of millions of profits in the future even a 2% difference between NZ and AUD rates give a big difference

I think the main thing is if he distributes out of a company as an Australian tax resident when it’s a NZ company he cant use foreign tax credits if they are in excess to his tax position. He can if he holds it in an Australian company.

to me either way he’s thinking of selling this thing or alternatively thinks it’s going to pay out mega dividends to his company. Either way I’ll accept the outcome.