Because as a holder I receive a Tax Statement every year and it shows zero income to declare.
If a REIT distributes 90%+ of its income, it enjoys a tax free status on distributions. Easy decision for me to keep buying more...
So you receive the cash in your account but as in the case above, put zero income (from GDI) in your tax return.
TC.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
67.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $360.0M | |||
| Open | High | Low | Value | Volume |
| 67.0¢ | 67.0¢ | 66.5¢ | $251.4K | 376.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 40420 | 66.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.0¢ | 36719 | 2 |
View Market Depth
| Last trade - 16.10pm 28/07/2025 (20 minute delay) ? |
| GDI (ASX) Chart |