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12:08
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Originally posted by ainsleym:
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Here is a cut and paste from the Australian Tax Office website concerning the holding period ( the 45 day rule) to get the franking credits. I truncated it a bit but the essential two sentences are belowQUOTE Holding period rule not count towards the 45 day period. Similarly the day you sell the shares will not count towards the 45 day. So therefore it is necessary to hold for 47 days from and inclusive of Day 1.
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I’d say you need to go by the contract dates and not T+2 dates. That’s my opinion only, Im not qualified in any way shape or form. Could ring the the tax dept , wait an hour and then get an unqualified opinion lol.
(20min delay)