ADO 0.00% 2.1¢ anteotech ltd

battery update this week?, page-67

  1. 3,311 Posts.
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    The director selling as I understand sold 1/25th of his holding and some posters said he holds in a SMSF (as I do also).
    That's easy enough to prove because the notice he lodged must show what holding entity made the sale.

    If it's a super fund, depending on his age and whether he's in accumulation or pension phase, he could be compelled to withdraw a minimum amount (for most people like me) around 4 % up to 6% every year.
    That is Tax Law. Most people don't like it but it is what it is.
    We get to cash out ALL profits tax free...so that's the good part.
 
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