“We can essentially give you incredible funding line, which is secured by your provisional tax, really low rate. So we're talking 5.4%”
Notes From The Executive · Will The NZ Election Change Your Tax? | Nicola Taylor
Play from 23:22
23:22
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What was described
use provisional tax held in a tax pool as collateral to offer businesses a low-rate funding line
5.4% interest rate
Said nearby on the same subject
“You will have as part of that your KiwiSaver. You'll have to pay that along the way throughout the year as part of your quarterly provisional tax filings or your GST returns.”
“‘...we built the business on making tax pooling available to every Kiwi business… we entered the market 14 years ago focused on making it available to every New Zealand business.’”
“He offers the shares up as collateral, which appears to be how he usually does business… he pulled back the share dump and is doing another margin loan”
LE
Larry Ellison
Better Offline ·
Why it workedat least $21 billion in personal loans; attempted share dump of $7-9 b…Share this moment
“Structures such as private ancillary funds can be worth exploring... they get their own tax regime... a large charitable donation can be particularly useful in a year where you've realised a substantial capital gains event”