AVZ Discussion 2022
- Thread starter GazDix
- Start date
oxxa23
Regular
It was full up already... audio said it would be available an hour later here..
Africa Regional Media Hub
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on.soundcloud.com
Winenut
Go AVZ!
Always a good start when your accountant's office is upstairs from a bar
It was full up already... audio said it would be available an hour later here..
Africa Regional Media Hub
The Africa Regional Media Hub, based in Johannesburg, South Africa, is part of the U.S. Department of State’s Bureau of Public Affairs and works to connect U.S. policy makers and experts with media inon.soundcloud.com
Spikerama
Regular
Haha. I was wondering when someone was going to find that Mr Smith Goes to Washington parody. I never intended for it to be used but I guess now is as good a time if any. Maybe I should update it with a banner that says "8 billion dollars in the making"
Trump supporter Erik Prince reaches deal with Congo to help secure mineral wealth
So, it seems that the US_DRC minerals-for-security deal has made progress with the entry of Blackwater, which is a well-known private military training and security organisation.
Read the full article here:
Cheers
F
Skar
Regular
Before anyone thinks of doing something like this, please speak to an accountant and familiarize yourself with the concept of a wash sale.
...and related-party transactions, which are red flags to the ATO, particularly in a SMSF.
My expectation is that the ATO will be ok so long as the sale of your non-super AVZ shares to your SMSF is done at a transaction value that is prepared by an ATO approved valuation company. I have obtained a quote for the valuation fee, which is $5,500, plus I have submitted a formal query to the ATO via the Business Portal secure mail process, and at present I am waiting for the ATO reponse. The ATO has indicated that their response will be available by 25-Apr-2025, but perhaps they may take longer. If the ATO approves my proposal, I will proceed with the formal valuation of AVZ and complete the transfer of my non-Super AVZ shares to my SMSF before Kobold and RIO, for example, buy AVZ.
Correct.... can't be done from related entity while de-listed. Potentially can purchase with SMSF from a non-related entity
.... could be interested in a win-win arrangement if someone else looking to get some holdings across into their SMSF.Before I get torched for coming out of the woodwork... I'm just an introverted long time holder that's been lurking in the shadows suffering the same mental/financial strain as everyone else through this fkd up drama. Recent development give a glimmer of hope, however I have no doubt given the mud thrown to date, our enemies are working overtime to screw us further
.Getting an ATO ruling in advance is good insurance and shows a commitment to transparency.
oxxa23
Regular
Correct.... can't be done from related entity while de-listed. Potentially can purchase with SMSF from a non-related entity
Before I get torched for coming out of the woodwork... I'm just an introverted long time holder that's been lurking in the shadows suffering the same mental/financial strain as everyone else through this fkd up drama. Recent development give a glimmer of hope, however I have no doubt given the mud thrown to date, our enemies are working overtime to screw us further
Maybe, but the ATO's data matching algorithms may flag cross-holding transactions undergone with the purpose of avoiding tax.
If the ATO decides to disallow a transaction, the trustee is in a world of pain.
oxxa23
Regular
To be fair... ato are bloody useless... even when their data is incredibly specific and pointed...
But, we could get hit by a bus outside our front door too...
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