Dividend and taxation

In the past, K&N Prime Yield Corp. did not pay any dividends and it is also intended to re-invest future profits. Waiving dividend payments avoids the problem of dividend taxation.

In some countries, private investors do not need to pay tax on rate gains. Sometimes there are certain criteria to observe (e.g. minimum holding period). Every investor is recommended to inform himself about the taxation in his country and to obtain specific professional advice, if necessary.