BBI babcock & brown infrastructure group
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beppa holders payout

  1. ProPunter23Red
    2,968 Posts.
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    19/10/09
    18:00
    Post #: 5800904
    Why have they structured it so BEPPA holders get paid out the accrued interest? I would have thought it was more favourable getting paid more capital and no interest (still = to 43c)

    A Beppa holder could be left with capital losses from the year because of this and still have to pay tax on the interest, am I correct?

    Also, I didn't fill in my TFN notification as I thought distributions were highly unlikely, I guess now I have to be careful of withholding tax on the interest component of the beppa payout
    BBI Price at posting: 4.1¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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