ETF tax guide | Australia

[@podiapod888]

Is it ok to give the accountant the HIN as it is on the tax statement?

[@baysidelad1]

The VAS tax statement is soooooo confusing! Why can't they simply list the franked and unfranked amounts like a normal stock!!!!!!!

[@joshuastewart9604]

A ‘normal’ stock pays a dividend. VAS is an AMIT an Australian Managed Investment Trust. It pays a distribution which includes many components, some of which are dividends and franking credits but also potentially capital gains tax and foreign tax amounts. It’s important that you report each of the amounts appropriately on your tax return.

[@jiti5034]

are the distributions not franked?