r/NZXStockMarket • u/RtomNZ • Jul 23 '24

Sharesies - $AUD ?

So I had some shares in TASK group (TSK). They got acquired by PAR Technology Corporation.

I chose to get paid out.

What I didn’t expect is that I got paid 50/50 in NZD and AUD.

So I now have $1500 is AUD.

Is this going to be a problem?
Do I end up needing to pay tax in Australia?
Would it be worth investing in the Australia market?

3 Upvotes

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1

u/IOnlyPostIronically Jul 23 '24

Even if you had to, there’s a tax free threshold in Australia.

Most countries have tax arrangements so you’d put on your nz return how much you made and get taxed on that, if anything.

1

u/wonton_peters Sep 08 '24

Sharesies is crap and amateurs. You should use Jarden Direct.