The Rules of Taxation and the Work of Holding
Companies
Nick Vita Columbia Care:
If you are investing on a company,
what are the main factors that you consider first?
If you are a beginner, you are probably looking at cash
flow, profit growth and the price to earnings ratio.
If you are the same as this, you are probably taking
things by the book.
These factors are important but when it comes to the companies that are solely holding shares of other firms, all of these will not
suffice.
If you are planning to invest, holding companies will surely
be a good option.
Basically, a holding company holds the
majority of the voting capital in a company.
This is already a benefit if you are planning to
invest.
Dividend Distribution Tax
Dividend Distribution Tax or DDT is the responsibility of investment holding companies that are generating money through dividends and capital gains.
So as an example, a subsidiary will be deducting
the DDT before they distribute the dividend that
the investment company will receive.
It simply means that the tax is already deducted before it
is sent to the holding company.
Columbia Care LLC
Nick Vita Columbia Care, LLC is an example of a holding company that is not only
focusing on pure investments.
The goal of the company is to provide the best care, products and experience to all their patients.
Nicholas Vita, Bob Mayerson and all the staffs are focusing on healthcare, real estate, clinical research, education and technology sectors when it comes to investments.
Taxation and the work of a holding company is very
important and it is related to money matters as well
so make sure that you know about it.
https://sites.google.com/site/
nickvitaofcolumbiacare/