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.
Because as a holder I receive a Tax Statement every year and it...
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Last
67.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $360.0M | |||
| Open | High | Low | Value | Volume |
| 67.0¢ | 67.0¢ | 66.5¢ | $240.7K | 360.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 50821 | 66.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.0¢ | 42808 | 5 |
View Market Depth
| Last trade - 14.59pm 28/07/2025 (20 minute delay) ? |
| GDI (ASX) Chart |