Widely-held companies and unit trusts that meet certain eligibility criteria can elect to be “Portfolio Investment Entities” for tax purposes. For “Multi-rate PIEs”, shareholders and unitholders are treated as if they own the underlying investments of the company or unit trust and are taxed on their proportional share of the net income from these investments at their own marginal tax rate, capped at 28%.
Read moreFirst Light Capital is the manager of the Funds and Syndicates and is an AML/CFT reporting entity. We are therefore required to comply with New Zealand's Anti-Money Laundering and Countering Financing of Terrorism Act 2009 and similar AML laws of other countries.
Read moreWe are excited to announce the purchase of the management rights to the Parnell Services Ltd portfolio of commercial and industrial properties.
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