Distributions and Tax
Overview
GDI Property Group pays distributions to security holders twice a year, for the six months ending 31 December and 30 June. These payments are made via direct credit to an Australian or New Zealand financial institution, or by cheque for other international investors.
GDI Property Group meets the requirements to be an Attribution Managed Investment Trust (AMIT), a structure introduced by the Tax Laws Amendment (A New Tax System for Managed Investment Trusts) Act 2016 (Cth) ('AMIT Regime'). You can find more information about the AMIT regime in our historical information section.
Attribution Managed Investment Trust Member Annual Statements (tax statements) are issued at the end of each financial year, typically in late August, and provide the details you need to complete your Income Tax Return.
Distribution and tax information is provided for resident security holders on the basis that you are an Australian resident individual holding your GDI Property Group securities on capital account. While every effort has been made to ensure this information is accurate, GDI Property Group does not provide taxation advice and this material does not constitute personal advice. If you are unsure about your tax position or need further information regarding your tax affairs or the completion of an Australian Income Tax Return, you should consult your professional adviser as soon as possible.
Distribution and tax details
Tax file number
You are not required by law to provide us with your Tax File Number (TFN), Australian Business Number (ABN) or Exemption. However, if you do not provide them, then withholding tax at the highest marginal rate may be deducted from your distributions.
Unclaimed monies
If you have not received your distribution income, please contact MUFG Corporate Markets to provide your bank account details. Once updated, payments are normally made within 20 business days.