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clock Created with Sketch. 21/08/24
14:54
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Originally posted by Cashmeoutside:
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If you look at the history of APAC controlled entities… they are more than happy to pay a dividend but only if it’s fully franked. This makes sense as why distribute something that will automatically lose 30% off it from the tax man versus buying an accretive investment or even your own stock.
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The one thing we can thank Nifty for... a whopping tax loss to carry over!
(20min delay)