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An Emirates Boeing 777-200LR taking off from Los Angeles (LAX), one of the airline's longest nonstop flights An Emirates Airbus A380 in current livery approaching Perth Airport (2024) As of August 2024, Emirates operates over 3,000 flights every week across its network of 137 destinations in 77 countries across six continents from its hub in Dubai.
At the current 30% rate, this works out at 0.30 of a credit per 70 cents of dividend, or 42.857 cents per dollar of dividend. The shareholders who are able to use them, apply these credits against their income tax bills at a rate of a dollar per credit, thereby effectively eliminating the double taxation of company profits.
The government reduced its holding in NatWest to 59.8% in March 2021, losing the taxpayer £1.8bn, [82] followed by a further sale in May 2021 bringing it to 54.8%. [83] The government announced that a further sale would take place in late 2021 (bringing the holding down to 50.6%) [84] and a sale in March 2022 reduced it further to 48.1%.
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