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I'm a NZ shareholder.My understanding is (via my accountant) is...

  1. Robomo
    72 Posts.
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    07/06/23
    20:43
    Post #: 68182775
    I'm a NZ shareholder.
    My understanding is (via my accountant) is that the NZ IRD taxes us 30% on the total dividend. However, we don't pay any capital gains tax in Australia as we are a foreign entity.
    A the end of the day it probably works out about even comparing Australian shareholders vs NZ shareholders.
    DDR Price at posting: $8.30 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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