'...there would be no change to the taxation position of GDG's investment products in those circumstances.'
https://business.gov.au/grants-and-programs/pooled-development-funds#:~:text=The%20aim%20of%20the%20Pooled,%2Dsize%20enterprises%20(SMEs).&text=PDFs%20and%20their%20shareholders%20receive,risk%20of%20investing%20in%20SMEs.
The aim of the Pooled Development Funds programme is to increase the supply of capital to Australian small and medium-size enterprises (SMEs)... PDFs and their shareholders receive tax benefits on the income derived from their equity investments. This is to help compensate for the higher risk of investing in SMEs. PDFs will be taxed at 15% on the income and gains derived from equity investments in Australian SMEs. Shareholders are exempt from tax on the income and gains derived from holding and disposing of PDF shares.
Interesting statement, I would have thought loosing PDF would have an impact but what do I know? DYOR.
- Forums
- ASX - By Stock
- Ann: PDF status update
'...there would be no change to the taxation position of GDG's...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GDG (ASX) to my watchlist
|
|||||
Last
$2.36 |
Change
0.080(3.51%) |
Mkt cap ! $607.8M |
Open | High | Low | Value | Volume |
$2.28 | $2.39 | $2.25 | $389.9K | 168.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1014 | $2.36 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.38 | 530 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 447 | 2.360 |
2 | 1459 | 2.350 |
1 | 1769 | 2.340 |
1 | 6154 | 2.330 |
1 | 2175 | 2.320 |
Price($) | Vol. | No. |
---|---|---|
2.380 | 530 | 2 |
2.390 | 5663 | 3 |
2.410 | 7194 | 2 |
2.420 | 3000 | 1 |
2.430 | 23682 | 1 |
Last trade - 14.26pm 17/06/2024 (20 minute delay) ? |
|
|||||
Last
$2.38 |
  |
Change
0.080 ( 5.56 %) |
|||
Open | High | Low | Volume | ||
$2.26 | $2.39 | $2.26 | 58118 | ||
Last updated 14.34pm 17/06/2024 ? |
Featured News
GDG (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online