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RMD number can save paying tax

Friday 19 December 2014 | Published in Economy

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RMD number can save paying tax

Cook Islands residents who earn less than $11,000 a year should provide their RMD number to their bank to ensure they will pay no tax on their interest earnings.

Cook Islands residents who earn less than $11,000 a year should provide their RMD number to their bank to ensure they will pay no tax on their interest earnings.


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