Since the Covid 19 outbreak, the world has changed. Many businesses have prospered, while others have struggled. Investors have looked to alternative options with interest rate drops and PIE investments are offering a tax efficient return.
From an investment perspective, when taxpayers invest in Portfolio Investment Entities, understanding the correct PIR to elect and the implications of these are critical to ensure that the correct tax is paid. Recent changes have allowed for incorrect PIR’s to be able to be correct and it is important to understand the rules and how to return this income.
15 September 2021
To gain a better understanding of the different types of PIE investments, when to return or not to return income and how to determine the correct Portfolio Investor Rate.
Jarod Chisholm, Senior Partner - Taxation Advisory, Findex (presenting on behalf of TEO)
1.25 CPD Hours