1426
No MP. Stay here. We read your posts.
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1427
So that failed due to market sentiment. No problem as she is under the 20sma and will most probably as normal continue down to the lower BB and continue along it or bounce off. A ritual she has maintained over the years. Top BB and back to the lower BB.
1429
I surely will gcr. My stocks will stay in SA so I will keep irritating you guys here.
As a general rule with DTT's, you may not be subjected to more tax than the locals in your country of residency would pay and this includes any taxes paid in any other country. ie. Your TOTAL tax for the year CANNOT be more than what the locals would pay for the same amounts as it will be discriminating.
As a general rule with DTT's, you may not be subjected to more tax than the locals in your country of residency would pay and this includes any taxes paid in any other country. ie. Your TOTAL tax for the year CANNOT be more than what the locals would pay for the same amounts as it will be discriminating.
1430
My case is likely to be the same as yours as most DTT's are standard. I will pay normal tax on the sale of shares in SA to SARS and get Credit for this in Portugal. As Portuguese tax is a bit higher, I will pay some tax in Portugal.
Once my shares are held for 3 years, then as a non resident in SA, I will pay no CGT in SA but will pay it in Portugal.
Non residents do not pay dividend tax in SA but are liable to pay it in the country of residency.
So whether you paid here makes little diffs as you would have paid it there.
Once my shares are held for 3 years, then as a non resident in SA, I will pay no CGT in SA but will pay it in Portugal.
Non residents do not pay dividend tax in SA but are liable to pay it in the country of residency.
So whether you paid here makes little diffs as you would have paid it there.
1432
CML made an earlier comeback that I was hoping for. I don't like unsustainable strong upward movements in any of my long term stocks.
As can be seen, she made a good Hammer candle today (long shadow/tail) that indicates another green day or more.
The fact that the US markets are looking good tonight means that she might go higher than the middle of the red candle and this will be a
Morning Star. A reversal of the recent short term down trend.
As can be seen, she made a good Hammer candle today (long shadow/tail) that indicates another green day or more.
The fact that the US markets are looking good tonight means that she might go higher than the middle of the red candle and this will be a
Morning Star. A reversal of the recent short term down trend.
1436
Off topic / Re: Is this why Orca is going to Portugal ?
« on: April 10, 2014, 07:07:20 pm »
Sorry. Only saw that now. The answer is YES.
1437
Doesn't actually work like that. Difficult to explain but here is my version.
My shop's profits grew by 100% compaired to the previous year and this year it only grew by 20% over and above that old 100%. So it only grew by 20% as that 100% growth is already "normal".
My shop's profits grew by 100% compaired to the previous year and this year it only grew by 20% over and above that old 100%. So it only grew by 20% as that 100% growth is already "normal".
1440
There is a big diffs in tax consequences between residents and non residents. The double tax treaty will not apply to you as you are a SA resident in SARS eyes. You must get this sorted out and become non resident in SA.
That way SARS has no claim on your foreign earnings and you will not pay CGT on non property shares you sell in SA.
You will only pay tax if the shares have not yet reached the 3 year term as you will be trading in SA. All interest is tax free.
Any earnings you make from your SA shares must be declared in Australia and you will get credit for tax paid here according to the DDT. This is to prevent tax avoidance and to protect you from paying tax twice.
If your tax rate in Australia is 35% and 30% in SA, then your tax on SA share sales will be 5% in Australia.
That way SARS has no claim on your foreign earnings and you will not pay CGT on non property shares you sell in SA.
You will only pay tax if the shares have not yet reached the 3 year term as you will be trading in SA. All interest is tax free.
Any earnings you make from your SA shares must be declared in Australia and you will get credit for tax paid here according to the DDT. This is to prevent tax avoidance and to protect you from paying tax twice.
If your tax rate in Australia is 35% and 30% in SA, then your tax on SA share sales will be 5% in Australia.