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Friday, December 29, 2023 10:33:12 AM
I hope Laxmi will provide necessary information about net assets or any more relevant valuation at the end of 2023
I think they have to do something. Although I don't know if there is a legal problem if they advise you on valuations. But with the proper disclaimers it might work. What I have seen is that the tax office will accept a discounted cash flow method to value stocks. Or some variant that includes assets. Things get complicated here.
As for tax on dividends, it is standard 15% where I live. But I can get it back if I already pay a wealth tax. I don't have to report it as income in my country.
But that's a worry for you next year.
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