with shares only a capital gains tax event applies if you sell them, however if you get a dividend or distribution from the shares they will be taxable in the financial year you receive it. With managed funds they generally pay a taxable distribution and they provide a tax statement as the components can be quite complex.
perhaps seek advice from an adviser or an accountant as they would have a better understanding of the complex issues.
- Forums
- ASX - General
- Index funds queries.
with shares only a capital gains tax event applies if you sell...
- 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
Featured News
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
Previous Video
Next Video
SPONSORED BY The Market Online