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a fair go is 0 tax, no rulers, no slaves.all taxation is...

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Empty Nose

4,217 Posts.

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29/03/25

14:48

Post #: 78464900
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Originally posted by WoodySpoon: ↑

I like the wording they are looking at the most effective way of handing back assets (looking into Capital return) rather than Leo simply handing many a massive tax bill on a loss. making investment.

Honestly if the ATO refuse to allow the great majority of assets (post Leo tranche 2 being paid out to FFX) to be returned to holders as a capital return the company ought to hang on to the money and challenge the ruling in court. The interest earned would cover the legal fees anyway.

I'm fed up with being F***ed over by all and sundry via FFX and Leo - we need a fair go from the ATO or challenge it.

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a fair go is 0 tax, no rulers, no slaves.
all taxation is theft.

tbe fact that some tax might be spent on roads or hellthcare is irrelevant.
just as a mafia gang member might buy flowers for mama, the act of theft remains theft.

principled.

Last edited by Empty Nose: 29/03/25

FFX Price at posting: 20.0¢ Sentiment: Hold Disclosure: Held
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a fair go is 0 tax, no rulers, no slaves.all taxation is...

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