'...there would be no change to the taxation position of GDG's investment products in those circumstances.'
https://business.gov.au/grants-and-programs/pooled-development-funds#:~:text=The%20aim%20of%20the%20Pooled,%2Dsize%20enterprises%20(SMEs).&text=PDFs%20and%20their%20shareholders%20receive,risk%20of%20investing%20in%20SMEs.
The aim of the Pooled Development Funds programme is to increase the supply of capital to Australian small and medium-size enterprises (SMEs)... PDFs and their shareholders receive tax benefits on the income derived from their equity investments. This is to help compensate for the higher risk of investing in SMEs. PDFs will be taxed at 15% on the income and gains derived from equity investments in Australian SMEs. Shareholders are exempt from tax on the income and gains derived from holding and disposing of PDF shares.
Interesting statement, I would have thought loosing PDF would have an impact but what do I know? DYOR.
Ann: PDF status update, page-2
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Last
$2.26 |
Change
0.010(0.44%) |
Mkt cap ! $430.9M | |||
| Open | High | Low | Value | Volume |
| $2.23 | $2.26 | $2.23 | $43.04K | 19.28K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12588 | $2.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.26 | 3920 | 1 |
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| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$2.24 |
Change
0.010 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| $2.23 | $2.24 | $2.23 | 1062 | ||
| Last updated 13.47pm 24/05/2024 ? | |||||
| GDG (ASX) Chart |