CRN 2.16% $1.13 coronado global resources inc.

Dividend, page-13

  1. 196 Posts.
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    Replying to alquimista


    You need to pay Australian tax, but you get a refund of the foreign tax credit. Lets suppose you get a $100 diviend, 15% american tax was withheld, so you receive $85 in your bank account. And suppose your marginal Australian tax rate was 40%. Then when you fill out your tax return you pay $40 in tax - $15 foreign tax credit = $25 tax paid to ATO.
    Last edited by SunderlandTech: 13/11/22
 
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