Will I receive a tax report?

InvestNow produces a consolidated tax report showing:

  • Foreign Investment Fund (FIF) Income, with both Fair Dividend Rate (FDR) and CV calculations detailed.
  • PIE tax information (consolidated for all the PIEs you are holding) showing PIE tax assessed, tax credits used and PIE tax paid. For a zero PIR, this will include PIE taxable income and attributed tax credits.
  • Any other sources of taxable income, deductible expenses or tax withheld on income payments will also be included.

The InvestNow consolidated tax report is a tax summary in order to assist the investor or their accountant in the preparation of their tax return. Clients can generate and download this report at any time from InvestNow.

By |2017-03-13T01:25:57+00:00March 13th, 2017|Comments Off on Will I receive a tax report?