@parleycross
Correct.
Quote:
"The 45 day rule
The 45 day rule (sometimes called dividend stripping) requires shareholders to have held the shares ‘at risk’ for at least 45 days (plus the purchase day and sale day) in order to be eligible to claim franking credits in their tax returns. If you have held your share for less than 45 days then you cannot claim the franking credits in the dividends you have received. The rule is designed to prevent franking credits to be claimed by share traders who hold shares for a short period of time and then sell as soon as they qualify for a dividend. The rule applies to all individual taxpayers, entities and SMSF."
The rule may not apply where franking credits are less than $5,000 and may vary where preference shares are involved
@parleycross Correct. Quote: "The 45 day rule The 45 day rule...
-
- There are more pages in this discussion • 83 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$18.27 |
Change
-0.290(1.56%) |
Mkt cap ! $56.25B | |||
| Open | High | Low | Value | Volume |
| $18.70 | $18.72 | $18.21 | $313.4M | 17.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 45418 | $18.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.30 | 1200 | 1 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |