Taxation in Australia

Certain DWS Closed-End Funds Declare Monthly Distributions

Retrieved on: 
Tuesday, April 6, 2021
Banking, Professional services, Finance, Tax, Economy, Money, Income tax in the United States, Income tax, Alternative minimum tax, Taxation in Canada, Taxation in Australia, Legal entities, State taxation in the United States, International taxation, Taxation in the United States

Although the fund seeks income that is exempt from federal income taxes, a portion of the funds distributions may be subject to federal, state and local taxes, including the alternative minimum tax.

Key Points: 
  • Although the fund seeks income that is exempt from federal income taxes, a portion of the funds distributions may be subject to federal, state and local taxes, including the alternative minimum tax.
  • Although the fund seeks income that is exempt from federal income taxes, a portion of the funds distributions may be subject to federal, state and local taxes, including the alternative minimum tax.
  • Closed-end funds, unlike open-end funds, are not continuously offered.
  • The price of a funds shares is determined by a number of factors, several of which are beyond the control of the fund.

Director/PDMR SHAREHOLDING

Retrieved on: 
Tuesday, April 6, 2021
Equity securities, Stock market, Finance, Economy, Money, Dividend, Shareholders, Share, Taxation in Australia, International taxation, Capital gains tax, Financial transaction tax

4.

Key Points: 
  • 4.
  • Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
    Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.

Premium Income Corporation Announces Quarterly Distribution

Retrieved on: 
Monday, April 5, 2021
Finance, Money, Economy, Dividends, Shareholders, Taxation in Australia, Taxation in New Zealand, Taxation in the United Kingdom, Dividend tax, Capital gains tax

To the extent that any portion of the distributions are ordinary taxable dividends and not capital gains dividends, they will be eligible dividends.

Key Points: 
  • To the extent that any portion of the distributions are ordinary taxable dividends and not capital gains dividends, they will be eligible dividends.
  • For further information, please contact Investor Relations at 416.681.3966, toll free at 1.800.725.7172, email at [email protected] or visit www.strathbridge.com

RiverNorth Closed-End Funds Declare Monthly Distributions

Retrieved on: 
Thursday, April 1, 2021
Professional services, Finance, Money, Finance, Economy, Investment management, Separately managed account, Taxation in Australia, Corporate finance, Financial markets, Hedge fund, Capital gains tax

RiverNorth does not provide tax advice; consult a professional tax advisor regarding your specific tax situation.

Key Points: 
  • RiverNorth does not provide tax advice; consult a professional tax advisor regarding your specific tax situation.
  • Any such returns of capital will decrease the Funds total assets and, therefore, could have the effect of increasing the Funds expense ratio.
  • RiverNorth is an institutional investment manager to registered funds, private funds and separately managed accounts.
  • RiverNorth is a registered trademark of RiverNorth Capital Management, LLC.

Templeton Global Income Fund (“GIM”) Announces Its First Monthly Distribution Pursuant to Previously Announced Managed Distribution Plan and Additional Investment Strategies

Retrieved on: 
Thursday, April 1, 2021
Professional services, Finance, Finance, Money, Economy, Investment funds, Taxation in Australia, Dividend, Shareholders, Return of capital, Income fund, Investment, Taxation in Canada, Capital gains tax

Templeton Global Income Fund [NYSE: GIM] today announced a monthly distribution from net investment income of $0.0377 per share, payable on April 30, 2021, to shareholders of record on April 15, 2021 (Ex-Dividend Date: April 14, 2021).

Key Points: 
  • Templeton Global Income Fund [NYSE: GIM] today announced a monthly distribution from net investment income of $0.0377 per share, payable on April 30, 2021, to shareholders of record on April 15, 2021 (Ex-Dividend Date: April 14, 2021).
  • The Fund is managed with a goal of generating as much of the distribution as possible from net ordinary income and short-term capital gains, that is consistent with the Funds investment strategy and risk profile.
  • To the extent that sufficient distributable income is not available on a monthly basis, the Fund will distribute long-term capital gains and/or return of capital in order to maintain its managed distribution rate.
  • A return of capital distribution does not necessarily reflect the Funds investment performance and should not be confused with yield or income.

Greenlane and KushCo Announce Transformative Merger, Creating the Leading Ancillary Cannabis Company and House of Brands

Retrieved on: 
Wednesday, March 31, 2021
Taxation in Australia, Income tax in the United States, US Airways, Income tax in Australia, Airlines, Aviation

The Transaction is intended to be tax free to KushCo, Greenlane and their respective shareholders for United States federal income tax purposes.

Key Points: 
  • The Transaction is intended to be tax free to KushCo, Greenlane and their respective shareholders for United States federal income tax purposes.
  • The boards of directors of Greenlane and KushCo have unanimously recommended that stockholders approve the Transaction.
  • The combined company will also have third-party brand partnerships with a sizable portion of the industrys leading consumer brands.
  • For more than 10 years, KushCo has proudly pioneered this industry, creating substantial value for our customers, employees, partners, and stockholders.

Eaton Vance Parametric Investment Tax Calculator 2021 Update Now Available

Retrieved on: 
Wednesday, March 24, 2021
Finance, Money, Economy, Eaton Vance, Morgan Stanley, Taxation in Australia, Parametric, Investor, Tax, Income tax in Australia, Investment

BOSTON, March 24, 2021 /PRNewswire/ --Eaton Vance Management (Eaton Vance) and Parametric Portfolio Associates LLC (Parametric) announced today the availability of the 2021 update of the Eaton Vance Parametric Investment Tax Calculator at eatonvance.com/mytaxrate and parametricportfolio.com/mytaxrate .

Key Points: 
  • BOSTON, March 24, 2021 /PRNewswire/ --Eaton Vance Management (Eaton Vance) and Parametric Portfolio Associates LLC (Parametric) announced today the availability of the 2021 update of the Eaton Vance Parametric Investment Tax Calculator at eatonvance.com/mytaxrate and parametricportfolio.com/mytaxrate .
  • The Eaton Vance Parametric Investment Tax Calculator is designed to help U.S. individual taxpayers and their advisors better understand the income taxes they pay on their investment income and gains so they can make more-informed investment decisions.
  • "Parametric is pleased to make the Investment Tax Calculator and the associated suite of tax tools available to investors across America," said Brian Langstraat, Chief Executive Officer of Parametric.
  • The output of the Eaton Vance Parametric Investment Tax Calculator is for educational purposes only and should not be considered investment, legal or tax advice.

ASA Gold and Precious Metals Limited Announces Distribution Declaration and Results of Vote at Annual General Meeting

Retrieved on: 
Friday, March 19, 2021
Natural Resources, Other Natural Resources, Mining, Minerals, Corporate finance, Shareholders, Finance, Financial economics, Dividends, Taxation in Australia, Corporate taxation

ASA Gold and Precious Metals Limited (the Company) (NYSE: ASA) declared a distribution of $0.01 per common share of the Company.

Key Points: 
  • ASA Gold and Precious Metals Limited (the Company) (NYSE: ASA) declared a distribution of $0.01 per common share of the Company.
  • The distribution is payable on May 21, 2021 to shareholders of record as of the close of business on May 20, 2021.
  • Due to a continued low level of dividends received by the portfolio, this distribution will be paid from undistributed realized gains.
  • In addition, the Company announced that shareholders re-elected Anthony Artabane, William Donovan, Bruce Hansen and Mary Joan Hoene as directors of the Company at the annual general meeting of shareholders held on March 19, 2021.

Parkit Completes $40.3 Million Bought Deal Private Placement Financing, $1.0 Million Concurrent Non-Brokered Private Placement and Completes the Purchase of Ottawa Property for Equity and Cash Consideration

Retrieved on: 
Thursday, March 18, 2021
Stock market, Financial economics, Finance, Corporate finance, Money, Equity securities, Taxation in Australia

The Bought Deal Offering consisted of 26,841,000 Common Shares for aggregate gross proceeds of approximately $40.3 million.

Key Points: 
  • The Bought Deal Offering consisted of 26,841,000 Common Shares for aggregate gross proceeds of approximately $40.3 million.
  • The Non-Brokered Offering consisted of 666,332 Common Shares for aggregate gross proceeds of approximately $1.0 million issued to a president's list on the same terms as the Bought Deal Offering.
  • The Company plans to use the net proceeds from the sale of Common Shares for future acquisitions and for general corporate purposes.
  • The Common Shares are subject to a hold period under applicable Canadian securities laws expiring on July 19, 2021.

Dividend Select 15 Corp. Declares Monthly Dividend

Retrieved on: 
Thursday, March 18, 2021
Dividends, Corporate finance, Shareholders, Finance, Money, Taxation in Australia, Taxation in India, Ex-dividend date, Dividend tax

TORONTO, March 18, 2021 (GLOBE NEWSWIRE) -- Dividend Select 15 Corp. (The "Company") declares its monthly distribution of $0.05617 per Equity share.

Key Points: 
  • TORONTO, March 18, 2021 (GLOBE NEWSWIRE) -- Dividend Select 15 Corp. (The "Company") declares its monthly distribution of $0.05617 per Equity share.
  • The distribution is payable April 9, 2021 to shareholders on record as of March 31, 2021.
  • As a result, Equity shareholders of record on March 31, 2021 will receive a dividend of $0.05617 per share based on the VWAP of $6.74 payable on April 9, 2021.
  • The Company invests in a portfolio of 15 Canadian companies selected from the following 20 company universe which are among the highest Canadian dividend yielding stocks.