Olaf Ephraim
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Olaf Ephraim
Olaf René Ephraim (born 30 September 1965) is a Dutch investment banker and politician. He worked for the banks MeesPierson and Fortis before joining the conservative and right-wing populist party Forum for Democracy (FvD). Ephraim served as the party's treasurer and was elected to the House of Representatives in the 2021 general election. He left Forum for Democracy in May 2021 and joined Wybren van Haga's new political party Belang van Nederland (BVNL). Early life and education He was born in the Dutch port city of Rotterdam. His father was a physician, who had helped Jewish children who had gone into hiding during World War II. Ephraim grew up in the region the Gooi and attended the secondary school Het Baarnsch Lyceum, located in Baarn, at gymnasium level between 1978 and 1983. Ephraim subsequently studied at the University of Amsterdam, obtaining a in law in 1985 and a degree in business economics in 1987. Career Ephraim started his career as head fixed income at the ...
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House Of Representatives (Netherlands)
The House of Representatives (, pronounced ; commonly referred to as the ', literally "Second Chamber of the States General") is the lower house of the bicameral parliament of the Netherlands, the States General, the other one being the Senate. It has 150 seats, which are filled through elections using party-list proportional representation. Generally, the house is located in the Binnenhof in The Hague, however, it has temporarily moved to the former building of the Ministry of Foreign Affairs at Bezuidenhoutseweg 67 in the Hague while the Binnenhof is being renovated. Name Although the body is officially called the "House of Representatives" in English, it is not a direct translation of its official Dutch name, the "Second Chamber of the States General", "Second Chamber" or more colloquially just the "Chamber". Rather than "representative" (''afgevaardigde''), a member of the House is referred to as ''(Tweede) Kamerlid'', or "member of the (Second) Chamber". Functions ...
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Dividend Stripping
Dividend stripping is the practice of buying shares a short period before a dividend is declared, called cum-dividend, and then selling them when they go ex-dividend, when the previous owner is entitled to the dividend. On the day the company trades ex-dividend, theoretically the share price drops by the amount of the dividend. This may be done either by an ordinary investor as an investment strategy, or by a company's owners or associates as a tax avoidance strategy. Investors For an investor, dividend stripping provides dividend income, and a capital loss when the shares fall in value (in normal circumstances) on going ex-dividend. This may be profitable if income is greater than the loss, or if the tax treatment of the two gives an advantage. Different tax circumstances of different investors is a factor. A tax advantage available to everyone would be expected to show up in the ex-dividend price fall. But an advantage available only to a limited set of investors might not. ...
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