PVL 2.60% 7.5¢ powerhouse ventures limited

Rusty,Please elaborate as I believe that you are actually...

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  1. 13,990 Posts.
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    Rusty,

    Please elaborate as I believe that you are actually wrong.

    I am a NZ shareholder, and based on my limited understanding of NZ tax rules, and experience of previous changes of domicile from NZ to elsewhere, I foresee no issues of substance whatsoever (other than a few minutes of my accountants time).

    Notably from my understanding PVL as an ASX listed company will be FIF exempt?

    As for the company itself, I suspect it may lose use of some NZ tax losses, not sure, but will trust PVLs accountants have duly advised. Provided the Aussie board seek appropriate tax advise I see no need for them to understand anything about the NZ tax system??

    Very happy to be corrected.

    EL
 
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