tax implications, page-7

Shares in MMR are tax exempt from any gain or lose and divedend payments are also tax exempt.

Go here and give this to your accountant.

When I mentioned how it works to my accountant she said what idoit told you that and then I pulled out the fact sheet , she done a few checks and said well you are correct.

http://www.ausindustry.gov.au/VentureCapital/PooledDevelopmentFundPDF/Documents/Fact%20Sheets/PDF%20Dec08.pdf

How ever options are not exempt.