AFI 0.13% $7.45 australian foundation investment company limited

Why large discount to NTA?, page-23

  1. 7 Posts.

    Yeah so I think what I was saying is correct then right? I was wanting to clarify that DRP or cash dividend makes no difference to the tax outcome. In the example given by jazir1979 if WHF shareholders elect for the DRP this will not change the tax outcome. As you also mention it is only if they elect for the DSSP (if WHF has one?) that you avoid the CGT and associated deduction if applicable.

    You also raise a further question when you say about the DSSP that "basically it lowers the amount of income u got from a taxation viewpoint (but u still get the money in the bank)". Under the DSSP you get shares and not "money in the bank right"?

    Please let me know if my thinking is wrong.


 
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