TIM 0.00% 4.4¢ timbercorp limited

guessing it is the selling to tax investors to reduce tax before...

  1. 17,117 Posts.
    guessing it is the selling to tax investors to reduce tax before jun 30
    assuming it is similar to what was before
    you put up 50000, claim a tax deduction up front
    say saves 25000 (average 50% rate)
    then you wait years to get a return
    which in the past was very small

    so depends on the structure /entity
    probably nothing to do with the share price
    but applies to the unit trust
    again just guessing here that similar to the past years

    although the aTo was clamping down on those types of investments
    do you own research or talk to a professional
    cheers
 
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