BHP 0.59% $40.77 bhp group limited

sell this or hold?, page-36

  1. 1,562 Posts.
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    i have a drp question.. its the tax stuff i don't understand

    with BHP when i get my cash Div, that's easy, 100% franking for me means i pay no extra tax on that

    if i elect DRP, i declare the extra shares.. but what happens with tax? no tax until i sell? and that's only if i make a profit.

    i have been investing a very long time.. but never looked at DRP's

    found it all to difficult, but is it simple and I'm not seeing it?
 
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