Club Mulgoa

Saturday, March 26, 2011

BHP

My super fund holds BHP. And anyone paying minimal tax would be crazy not to cash out during the buyback to take the tax advantage... permitted by the ATO!!! The accountant I sleep with, has been reminding me to keep some cash handy so the BHP event will be my source of $$$. Anyone who does not understand the benefits can ask me. It is so simple that even I can understand. What I can't understand is why the ATO sanctions it.

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