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SENS 29 - 17 February 2004
SENS 29 - 17 February 2004

... traffic from international markets due to the strengthening Rand. The cash balance has increased to R172 million from R164 million at the start of the financial year. ...
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Off-the-Plan Property Purchases: What might happen if I want to
Off-the-Plan Property Purchases: What might happen if I want to

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financial ratios - Timeless Investor

... provide loan guarantees and both are conceptually the same. Risky loan value = risk-free value + loan guarantee value • When a loan is made, the bank earns interest above the riskfree rate. The premium above the risk-free rate is a premium for bearing risk as well as compensation for analyzing the a ...
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The Marketing and Sale of Expiring Use LIHTC Transactions

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Questions and answers on the tax agreement with Germany and the

... withholding tax payment or he reports to the German respectively British authorities. There will be no other way to open or maintain an account. The tax rates are aligned on the tax rates of Germany and the UK so as to avoid any distortion of competition regarding taxes. For German taxpayers the uni ...
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... Absolute poverty is measured by comparing a person’s total income against the total cost of a specific ‘basket’ of essential goods and services. People with inadequate income to purchase this basket of items are considered to be living in absolute poverty. Relative poverty compares a person’s total ...
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Negative gearing

Negative gearing is a practice whereby an investor borrows money to acquire an income-producing investment property, expecting the gross income generated by the investment, at least in the short-term, to be less than the cost of owning and managing the investment, including depreciation and interest charged on the loan (but excluding capital repayments). The arrangement is a form of financial leverage. The investor may enter into this arrangement expecting the tax benefits (if any) and the capital gain on the investment, when the investment is ultimately disposed of, to exceed the accumulated losses of holding the investment.The tax treatment of negative gearing would be a factor which the investor would take into account in entering into the arrangement, which may generate additional benefits to the investor in the form of tax benefits if the loss on a negatively geared investment is tax-deductible against the investor's other taxable income, and if the capital gain on the sale is given a favourable tax treatment. Some countries, including Australia, Japan and New Zealand allow unrestricted use of negative gearing losses to offset income from other sources. Several other OECD countries, including the USA, Germany, Sweden, and France, allow loss offsetting with some restrictions. In Canada losses cannot be offset against wages or salaries. Applying tax deductions from negatively geared investment housing to other income is not permitted in the UK or the Netherlands. With respect to investment decisions and market prices, other taxes such as stamp duties and capital gains tax may be more or less onerous in those countries, increasing or decreasing the attractiveness of residential property as an investment.Another example of negative gearing is borrowing to purchase shares whose dividends fall short of interest costs. A common type of loan to finance such a transaction is called a margin loan. The tax treatment may or may not be the same.
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