AVZ Discussion 2022

Frank

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AVZ Discussion 2022 Page 2902.png


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Parasites are organisms that live on or inside other organisms, known as hosts, and obtain nutrients from them at the host's expense.
 
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Spikerama

Regular
Absolutely. ….never going to happen though . Sold 200k at the start of Jan 21 to put down the house deposit. Cap gain tax was around $140k …. Payment plan to ATO attracts a 9.5% interest charge compounding !!!!!! Good money if you can get it ….C——-s !!😡😡

$140K? That outrageous. How can CGT be 70% tax?
 
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I suggest you all consider engaging a paid tax agent (not financial adviser) to work through the plan piece by piece.
Accountants can give you factual information about your situation only, a tax financial adviser can give you that information and advise you on a strategy for moving forwards, to each individuals situation. Accountants can provide information and can give you a nudge at what you could do, but only advisers can tell you what you should do.

Ideally, you'd engage both. Particularly (yes, we're getting ahead of ourselves) with some of the potential sums some people here are talking about. I definitely wouldn't say exclude an adviser in people's planning though.
 
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Frank

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I personally don’t want a dividend I want a capital return or something that triggers a CGT event.
So something like, Oh i don't know, maybe ;) (y) :love:


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Juba1845

Regular
This doesn't look like a deal has been done or is being done . DRC still trying to have AVZ case against them thrown out. Looking more and more like it will play out through the courts. Long way to go.


Latest Development:
April 14, 2025 -
The Respondent files further observations on the request to address the objections to jurisdiction as a preliminary question.
 
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Winenut

Go AVZ!
Accountants can give you factual information about your situation only, a tax financial adviser can give you that information and advise you on a strategy for moving forwards, to each individuals situation. Accountants can provide information and can give you a nudge at what you could do, but only advisers can tell you what you should do.

Ideally, you'd engage both. Particularly (yes, we're getting ahead of ourselves) with some of the potential sums some people here are talking about. I definitely wouldn't say exclude an adviser in people's planning though.
Maybe accountant to minimise the tax and planner to decide best use of proceeds given your individual situation
 
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Retrobyte

Hates a beer
This doesn't look like a deal has been done or is being done . DRC still trying to have AVZ case against them thrown out. Looking more and more like it will play out through the courts. Long way to go.


Latest Development:
April 14, 2025 -
The Respondent files further observations on the request to address the objections to jurisdiction as a preliminary question.

Delaying tactic so Celestin and Alain can spend more time on Skyscanner finding the cheapest flight to Brussels.
 
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Winenut

Go AVZ!
This doesn't look like a deal has been done or is being done . DRC still trying to have AVZ case against them thrown out. Looking more and more like it will play out through the courts. Long way to go.


Latest Development:
April 14, 2025 -
The Respondent files further observations on the request to address the objections to jurisdiction as a preliminary question.


DRC will continue to do that until everything is absolutely final and i's dotted t's crossed.....just like AVZ on the other side

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Winenut

Go AVZ!
$140K? That outrageous. How can CGT be 70% tax?

100%......

There is no planet where either selling 200,000 AVZ shares (even at ATH) or $200k worth of AVZ shares will ever generate a CGT bill of $140k purely attributable to the transaction itself
 
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Doc

Master of Quan
This doesn't look like a deal has been done or is being done . DRC still trying to have AVZ case against them thrown out. Looking more and more like it will play out through the courts. Long way to go.


Latest Development:
April 14, 2025 -
The Respondent files further observations on the request to address the objections to jurisdiction as a preliminary question.
Keep trying

uncle hut GIF
 
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Goldenboy

Regular
$140K? That outrageous. How can CGT be 70% tax?
There was personal tax in there as well. Thankfully now retired so no tax …. Except for my personal holdings ( only AVZ ) when they get paid out there will be more cap gains and tax payable.
 

Goldenboy

Regular
100%......

There is no planet where either selling 200,000 AVZ shares (even at ATH) or $200k worth of AVZ shares will ever generate a CGT bill of $140k purely attributable to the transaction itself
Personal tax included. Still paying it off.
 
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Winenut

Go AVZ!
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Remark

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What Jens said...

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The respondent's objection reminds me of those "Sovereign citizens" stating that they are not subject to Australian law when they are pulled over for speeding with no license in an unregistered car.
 
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Mute22

Regular

Latest Development:
April 14, 2025 -
The Respondent files further observations on the request to address the objections to jurisdiction as a preliminary question.

Barnum And Bailey Circus GIF
 
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Flight996

Regular
What Jens said...

The respondent's objection reminds me of those "Sovereign citizens" stating that they are not subject to Australian law when they are pulled over for speeding with no license in an unregistered car.

Gotta love them sovereign citz...

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wombat74

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What Jens said...

View attachment 82413

The respondent's objection reminds me of those "Sovereign citizens" stating that they are not subject to Australian law when they are pulled over for speeding with no license in an unregistered car.
All these Morons are doing is admitting their own guilt . Desperate f--kers .
 
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Just for the record who made it possible these 2 steps by the Respondent happened in 2025 ...
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Mute22

Regular
Is this likely to cause any real delay? If not, it just makes them look even more guilty—if that was even possible.

Honestly, this feels like a last gasp of desperation. Making it look like an outcome in our favor all but certain, they’re out of options and they know it.
 
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wombat74

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