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lost

3,065 Posts.

1249

10/08/21

10:00

Post #: 55161387
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Originally posted by saintex: ↑

@lost
Good point.
I need to think about it.

How does it work for Pacific Group ? Do they pay taxes, while their affiliates have already paid taxes on their earnings ?
Just wanted to check also one point on Pacific Group : do they have the same model than PNI with centralised administration and distribution ?

Thanks.

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hi @saintex
Yes, PAC pays tax, Affiliate’s pay taxes in their currency. They report taxes paid on their profits in AUD.
I suspect PNI utilises Franking Credits, would be a good question to clarify with PNI management.

Best of Luck
Lost
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