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Dom talks with Findex Partner Craig Macalister about urging Fonterra shareholders to consider tax implications before spending the capital return, following the divestment of Mainland Group to Lactalis. They discuss why he's concerned there's been virtually no discussion referencing the structure of the shareholder ownership and the implications of using the funds for things other than reinvesting into the farm business, and why taking the funds out of the company without tax implications is not likely to be possible.
Tune in daily for the latest and greatest REX rural content on your favourite streaming platform, visit rexonline.co.nz and follow us on Instagram, Facebook and LinkedIn for more.
By rova | REXDom talks with Findex Partner Craig Macalister about urging Fonterra shareholders to consider tax implications before spending the capital return, following the divestment of Mainland Group to Lactalis. They discuss why he's concerned there's been virtually no discussion referencing the structure of the shareholder ownership and the implications of using the funds for things other than reinvesting into the farm business, and why taking the funds out of the company without tax implications is not likely to be possible.
Tune in daily for the latest and greatest REX rural content on your favourite streaming platform, visit rexonline.co.nz and follow us on Instagram, Facebook and LinkedIn for more.

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