Hi, yes DRP or receiving cash are treated the same from a tax perspective. You receive the benefit of franking credits and any LIC CGT discount. It's only DSSP/BSP where you forego those. My point was that in the case of WHF where 100% of the latest dividend is LIC capital gains, it may make sense to temporarily switch from DSSP to DRP (or cash), and then switch back later. Sorry, hope it makes sense!
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