DRM 0.00% 33.0¢ demetallica limited

DRM In Specie Distirbution - Unmarketable Parcels, page-5

  1. 53 Posts.
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    Hi, my DRM shares were issued to my broker and they tell me they are a non-cash dividend as a taxable spin-off from MEP. Therefore they request 33% withholding tax . This doesn't seem correct to me. Can anyone comment please.
    note I am in NZ.
 
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Currently unlisted public company.

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