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...
-
- There are more pages in this discussion • 4 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 GDI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
59.5¢ |
Change
-0.005(0.83%) |
Mkt cap ! $319.7M | |||
| Open | High | Low | Value | Volume |
| 59.5¢ | 60.0¢ | 58.5¢ | $699.6K | 1.179M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19999 | 59.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.0¢ | 17728 | 3 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| GDI (ASX) Chart |