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Why the Heartland Group wants to place Heartland Bank under an Australian non-operating holding company

Banking / news
Why the Heartland Group wants to place Heartland Bank under an Australian non-operating holding company
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2 Comments

I can't read the article, but I'm guessing it's more 'tax efficient' to be in a jurisdiction with a capital gains tax, enabling lower taxes for people and companies.

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Instead of taking the book out of the bank, maybe take the bank away from the book...........

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