>>From a UK tax perspective, would there be any difference between owning shares in HICL (domiciled in Guernsey) and Blairmore (domiciled until 2010 in the Bahamas, and now in Ireland)?
Not that I can see, Manatee, but what is the basic advantage to the UK investor of off-shore siting? For the company, the advantage is that its profits are more lightly taxed than in the UK. This makes its operations more profitable. Will it pass some of these profits over to the investor?
HICL's yield is 4.68% at a price today of 162.20 which is good, but not startlingly so (especially at the cost of a premium of 14%).
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