TLS 1.02% $3.95 telstra group limited

Ann: Update - Dividend/Distribution - TLS, page-121

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  1. 102 Posts.
    lightbulb Created with Sketch. 5
    Seems you are one of the very few who don't understand it.
    Is Gerry Harvey not paying tax on his dividends?

    I suspect so


    Or would you consider the only income he receives as wages should count as income?

    Certainly not

    Whether earned by wages or by ownership of a company paying out profits to shareholders, the tax has been paid and any over payment is being "returned" to the people who this income belongs to.

    I don't understand where the over payment is in relation to a Shareholder beneath the tax free threshold
    However I suspect all here are sick to death of the conversation and I'll agree to pull my head in and post no more on this subject
 
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