A professional tax adviser has contacted us and is undertaking to try to obtain a full refund of taxes levied by IRD for RAM transactions.  A copy of the offer letter can be seen here.

Professional Tax Assistance- Disclaimer – RAMIG advises our membership of any relevant offers of professional assistance.  You should make your own decision whether or not to pursue any offer in discussion with the independent party making the offer.  RAMIG does not have a direct financial interest in any such offer or process.  However, if successful, any initiative offered may be generally beneficial for members.

RAMIG welcomes proactive advice from all professionals in the field, and will give notice to investors if appropriate.