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Other Comp (DarkSide) I have DRD/DRD/NPN/NPN & BIL

Almost, at year end we shoud tax the reit divvie 30%, but for now we can fix it manually by adding another dividend of 0.203 * the original dividend to the REITs.

Patrick, in real life the REIT divi is never taxed. That is the attraction. It is only added to the total profits for the year and THAT amount is taxed, not the divi portion on it's own. Otherwise, there would be no point in establishing a Trust, let alone a Real Estate Trust. The dividends, or profit distribution, from a Trust are not taxed.

does the same apply to property ETFs?

I'm not 100% sure but it would seem to me that the ETF shouldn't make any difference. No matter how the REIT divi is packaged there is still no tax and any institution that claims otherwise is probably taking it for itself, similar to what ABSA Stockbrokers do.

Quote from: Patrick on September 01, 2016, 07:48:43 am

Almost, at year end we shoud tax the reit divvie 30%, but for now we can fix it manually by adding another dividend of 0.203 * the original dividend to the REITs.

Patrick, in real life the REIT divi is never taxed. That is the attraction. It is only added to the total profits for the year and THAT amount is taxed, not the divi portion on it's own. Otherwise, there would be no point in establishing a Trust, let alone a Real Estate Trust. The dividends, or profit distribution, from a Trust are not taxed.

Yes, Bread that is correct. Code 4238 on the tax return. Treated like local interest.

I enJoyEd Stealthy Wealth's new blog posT.

Thank you! P.s. Patrick you are late with this months blog post :-P

US NFP's disappointed @151000 - Probably no Sept. rates increase

Damn I know, here's the preview: www.investorchallenge.co.za/com_calc_fire.php You're quite brave to put up the figures like that, I've considered it, but not sure I'm ready to yet...