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Old 11-11-2006, 04:25
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TanMan TanMan is offline
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Quote:
Originally Posted by MrDK View Post
I do like your idea about opening an account there (for various reasons). What are the tax rules if the account returns any interest?

I think to earn interest, you have to invest in a term deposit (like a CD). The interest will then get credited to your account after the term (net of taxes). Unless we are talking huge funds, I doubt a tax return would be necessary.

The TanMan
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