VOR 0.00% 39.5¢ vortiv limited

Not looking for tax advice but just in general.This at the...

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  1. 724 Posts.
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    Not looking for tax advice but just in general.

    This at the moment is an unfranked dividend... so everyone who took it is liable for the income tax on it.

    Now for me I'll be able to realise a capital loss for VOR when i do sell the shares, but capital loss can only be applied against capital gains.

    So if I only held 1 share (VOR) this would be a pretty shit scenario wouldnt it? You can't use capital loses to offset dividend income - that true?

    So you're stuck with a big tax bill (assuming you earn more than 18,200 a year) and nothing to use the capital loss against?

    I assume applies to the fully franked dividend we got a couple weeks back.... I think.
 
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