Thanks Copper / Itrack
I guess Itrack's comments was what I was getting at. The two stream business.
Say there was NO rental income, and a distribution was based purely on a CG event - surley the unit holder would only pay CG and not income.
I too think the distribution will need to be broken down into its income and capital component for any of us to have a clue. Also, what about indistributed capital gains? do we still pay tax on that? I can see some real need for higher disclosure requirements on these trust for purchasers in the future - and wonder whether the will keep trading as freely as they are on the asx
BJT
babcock & brown japan property trust