My wife is not working so she has low marginal tax rate to $37000 income therefore if she buys say at $1.65 per share she will get a tax refund of up to 10.7c per share from the special dividend.
However, I can't work out how they came up with 10.7c figure as 25c grossed up is 25c x 1.30 = 32.5c which is 7.5c benefit not 10.7c
