AVZ Discussion 2022

[Carlos Danger]

Can one of you guys explain how AVZ might be in a position to fully frank a payout. Don’t they have to have paid company tax in Australia to be able to pass on a franking credit? Ignorant Kiwi asking for a friend

If AVZ don't pay tax on the sale of Manono in DRC or SIngapore then we won't be eligible for relief from double taxation in Australia and it will need to be paid by either AVZ or the recipients of the dividend imo

 

[LX600]

If the buyer purchase all the shares of AVZ, will it be a good result for tax purposes?

 

[Winenut]

If AVZ don't pay tax on the sale of Manono in DRC or SIngapore then we won't be eligible for relief from double taxation in Australia and it will need to be paid by either AVZ or the recipients of the dividend imo

Forget it Carlos the sites FUCKED

 

[Retrobyte]

I will hold the line and not go through the hassle/cost of registering with Automic unless management advise me to do so.
Cheers

There is no cost at Automic for an AVZ holder to add their SRN and their holdings, not sure who gave you that info.

 

[Xerof]

If AVZ don't pay tax on the sale of Manono in DRC or SIngapore then we won't be eligible for relief from double taxation in Australia and it will need to be paid by either AVZ or the recipients of the dividend imo

Thanks mate

@Winenut also replied in a similar vein, but his post was immediately deleted by j19

 

[oxxa23]

Thanks so much! Hopefully I've got the letter stashed away somewhere.

you can contact automic, provide some proof of ID and they will re-post the letter out again... they can't email it... (that's what i was told)...

 

[Samus]

Thanks mate

@Winenut also replied in a similar vein, but his post was immediately deleted by j19

You Mean TanCA right?
I'm so confused with their many aliases

 

[oxxa23]

good to see where all unified and not having a crack at one another... nobody is succumbing to the pressure at all...

we're almost their fuckers... hang on... save the rage for farkwits like tommy dickardson and carrot dick

 

[ptlas]

you can contact automic, provide some proof of ID and they will re-post the letter out again... they can't email it... (that's what i was told)...

They warned me that it may take two weeks to land.
It did, so don't lose any sleep over a delay.

 

[oxxa23]

They warned me that it may take two weeks to land.
It did, so don't lose any sleep over a delay.

Same

 

[LOCKY82]

Showing zeebot as being active today, I've messaged about ZE TROLLS

 

[TheCount]

If AVZ don't pay tax on the sale of Manono in DRC or SIngapore then we won't be eligible for relief from double taxation in Australia and it will need to be paid by either AVZ or the recipients of the dividend imo

Unfortunately we do not have a tax treaty with the DRC so double tax is a risk which makes it so important to make sure the correct entity is sold/ taken off our hands.

AVZ can always pay taxes but they have to be from profits. If the company is given income then sure, a profit can be booked. If the company is given a capital offer for scrip, then it will need to be passed on as capital to shareholders.

I’m sure Nigel has all this information in his briefcase.

 

[Azzler]

Showing zeebot as being active today, I've messaged about ZE TROLLS

It's showing the admin account as being accessed, that is all.

 

[Stockinvesting]

These are the comments. They are not my comments and I do not know who posted them.







View attachment 85512

Thanks

 

[LOCKY82]

It's showing the admin account as being accessed, that is all.

🫡

 

[Carlos Danger]

Unfortunately we do not have a tax treaty with the DRC so double tax is a risk which makes it so important to make sure the correct entity is sold/ taken off our hands.

AVZ can always pay taxes but they have to be from profits. If the company is given income then sure, a profit can be booked. If the company is given a capital offer for scrip, then it will need to be passed on as capital to shareholders.

I’m sure Nigel has all this information in his briefcase.

Yeah I don't think that will be the end result but it is the only scenario I can think of that would result in a franked dividend

There was some talk of a tax waiver being sought by Nigel on the DRC end (if applicable) which would ease the risk of double taxation but it would still be due in Australia or possibly SIngapore in some form imo

I'm sure the bod will maximise tax benefits for shareholders wherever they can

 

[Winenut]

If the buyer purchase all the shares of AVZ, will it be a good result for tax purposes?

aaaahhhh

Always thought that was likely

Not that this post will last

 

[JAG]

 

[Samus]

Did somebody say something Jag?
I've got everyone with brain damage on ignore!

 

[BRICK]

Peace, you say? Hot off the press ....




The most concerning line in the video was "no more electric tanks"

Well no need for the viagra tonight...