DRM 0.00% 33.0¢ demetallica limited

DRM In Specie Distirbution - Unmarketable Parcels, page-12

  1. 55 Posts.
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    Well it looks like the nz broker has reversed my tax payments and decided that the drm share distribution is not taxable so I don't have to pay withholding tax.
    to be clear I am not talking about CGT. We don't have that in NZ.
    in actuality my distribution wasn't very many shares so I was hassling about only $500. Mind you that's a few beers --- not as many as it used to be of course
    thanks to all for taking time to help.
 
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