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You really are a pit bull when you get into something. I have never seen you
admit you were wrong, and I don't expect to see it now. But nonetheless: Cause there are a million better ways to get gains or income out and cause you're gonna turn capital gains into personal income that way - not too smart. Jesus, maybe you should talk to someone who actually knows about company accounting in Oz. This is a non-answer. Why don't you explain the benefit from your ridiculous structure. I have explained the problems. If you don't even know why you have it that way, then you have been taken for a ride. The fact that you don't even know who AAR is or would say that "they don't know **** about Oz" tells all. They are the biggest Oz law firm and the leading tax advisor there and the firm consisting of some of my best friends (see, all Ozzies are not assholes). Bwaaahahahhahahahahahahahhaaaa! The biggest Oz law firm? Bwaaahahhahahahahahhahahaaaaa! Never heard of them. You one of those Yanks who says "My mate lives in Australia, you probably know him" It is easily verifiable. The fact that you have never heard of them says more about your knowledge than mine. You just keep diggin deeper. Its like someone claiming to have the state of the art boat, but having never heard of, say, Morris or Hinckley. My accountants have set up my affairs to my advantage, I'm NOT an accountant, I believe what they tell me. Well, that's probably the crux of the problem. Ask your "niece" to think if the corporate form is the wisest way to hold investment securities. Its not and you claiming you do is either a lie or the result of horribly poor advice. G'day Alfie. |
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