OCA - Oceania Group - retirement villages

[BlackPeter]

System must have liked my post and duplicated it. I removed the duplicate for easier readability of the thread :

[Ggcc]

LOL - didn't you read the annual report? Have a re-check of page 76 and tell us how much tax they are paying ... and what percentage this would be off the income ;

However - here is a hint - the fact that their dividend is not imputed clearly shows they don't pay income taxes in NZ. Issue is - a significant part of their "income" are re-valuation gains which they don't need to pay taxes for (due to not realized).

I don’t pretend to understand all that is written in the report, but I do understand deferred taxes. On page 77-78.

Anyway my whole thing was more about dividends for people who want/need dividends somewhat guaranteed higher than what banks currently provide. I reinvest mine dividends as I don’t need the cash, but I only pay 17.5% due to earning below $48,000 go figure. I would get out if you don’t like the way they do things

[justakiwi]

All dividends are taxed at 33% when paid out, regardless of your personal tax rate. How do you figure that you only pay 17.5% on yours?

I reinvest mine dividends as I don’t need the cash, but I only pay 17.5% due to earning below $48,000 go figure.

[Ggcc]

All dividends are taxed at 33% when paid out, regardless of your personal tax rate. How do you figure that you only pay 17.5% on yours?

It is taxed at 33% tax, but when my accountant works out my end of year taxes I get back overpaid taxes.

[justakiwi]

Figured that’s what you must have meant. Me too.

It is taxed at 33% tax, but when my accountant works out my end of year taxes I get back overpaid taxes.

[Waltzing]

the fuel that feed the housing market is still burning hot apparently.

https://www.stuff.co.nz/business/300...t-the-hint-anz

[thegreatestben]

Put my dividend back in at 1.44, no DRP with sharesies...

[Sideshow Bob]

Put my dividend back in at 1.44, no DRP with sharesies...

So did my daughter with her $6.13.....

[Sideshow Bob]

NZX are running their next investor webinar on Tuesday 6th of July at 2pm.

Features Brent Pattison from OCA (and also NZ Automotive Investments and Blis).

[Cool Bear]

LOL - didn't you read the annual report? Have a re-check of page 76 and tell us how much tax they are paying ... and what percentage this would be off the income ;

However - here is a hint - the fact that their dividend is not imputed clearly shows they don't pay income taxes in NZ. Issue is - a significant part of their "income" are re-valuation gains which they don't need to pay taxes for (due to not realized).

Can someone (SNOW LEOPARD?) please help? Isn't revaluation gains considered capital gains and thus will be excluded (non taxable) income in Dividends payout?