Cromwell Direct Property FundIntroductionThe Fund’s year end for tax purposes is 30 June. The total annual distribution and tax components are advised in the Attribution Managed Investment Trust Annual (“AMMA”) Statement sent to unitholders each year. Attribution Managed Investment Trust RegimeThe Responsible Entity of the Fund made an irrevocable election to be an Attribution Managed Investment Trust (“AMIT”) for all years beginning from 1 July 2017. Your AMMA Statement provides the components of the distribution that have been attributed to you each financial year. Australian resident taxpayers include in their assessable income their attributed amount of determined trust components (including any net capital gains of the Fund). These attributed amounts are included in a resident taxpayer’s assessable income for tax purposes irrespective of when the cash in respect of the attributed amounts is received. For more information regarding the AMIT regime please visit the Australian Taxation Office’s website at www.ato.gov.au. Income Tax Distribution ComponentsUnitholders should rely on their tax statement when completing their income tax return. For information purposes only, the below document outlines the applicable income tax component percentages for the past income tax years. Income Tax GuidesThe below tax guides are provided to assist Australian resident individual unitholders to understand their tax statements and to prepare their income tax returns. AMMA Statement Guides (when the Fund was an AMIT) Tax Guides (when the Fund was not an AMIT) Distribution Components for Non-Resident Withholding Tax PurposesThe below Fund Payment disclosures are provided for the purposes of the withholding tax obligations contained in subdivision 12-H of the Taxation Administration Act 1953 (Cth). These documents should not be used for any other purpose. In particular, Australian resident unitholders should not rely on these notices for the purposes of completing their income tax returns. Rather, unitholders should refer to their Annual Tax Statement or AMMA Statement when completing their income tax returns. |
Fund Payment Notices
- DPF Non Resident Statement Jul 20
- DPF Non Resident Statement Jun 20
- DPF Non Resident Statement May 20
- DPF Non Resident Statement Apr 20
- DPF Non Resident Statement Mar 20
- DPF Non Resident Statement Feb 20
- DPF Non Resident Statement Jan 20
- DPF Non Resident Statement Dec 19
- DPF Non Resident Statement Nov 19
- DPF Non Resident Statement Oct 19
- DPF Non Resident Statement Sep 19
- DPF Non Resident Statement Aug 19
- DPF Non Resident Statement Jul 19
- DPF Non Resident Statement Jun 19
- DPF Non Resident Statement May 19
- DPF Non Resident Statement Apr 19
- DPF Non Resident Statement Mar 19
- DPF Non Resident Statement Feb 19
- DPF Non Resident Statement Jan 19
- DPF Non Resident Statement Dec 18
- DPF Non Resident Statement Nov 18
- DPF Non Resident Statement Oct 18
- DPF Non Resident Statement Sep 18
- DPF Non Resident Statement Aug 18
- DPF Non Resident Statement Jul 18
- DPF Non Resident Statement Jun 18
- DPF Non Resident Statement May 18
- DPF Non Resident Statement Apr 18
- DPF Non Resident Statement Mar 18
- DPF Non Resident Statement Feb 18
- DPF Non Resident Statement Jan 18
- DPF Non Resident Statement Dec 17
- DPF Non Resident Statement Nov 17
- DPF Non Resident Statement Oct 17
- DPF Non Resident Statement Sep 17
- DPF Non Resident Statement Aug 17
- DPF Non Resident Statement Jul 17
- DPF Non Resident Statement Jun 17
- DPF Non Resident Statement May 17
- DPF Non Resident Statement Apr 17
- DPF Non Resident Statement Mar 17
- DPF Non Resident Statement Feb 17
- DPF Non Resident Statement Jan 17
- DPF Non Resident Statement Dec 16
- DPF Non Resident Statement Nov 16
- DPF Non Resident Statement Oct 16
- DPF Non Resident Statement Sep 16
- DPF Non Resident Statement Aug 16
- DPF Non Resident Statement Jul 16
- DPF Non Resident Statement Jun 16
- DPF Non Resident Statement May 16
- DPF Non Resident Statement Apr 16
- DPF Non Resident Statement Mar 16
- DPF Non Resident Statement Feb 16
- DPF Non Resident Statement Jan 16
- DPF Non Resident Statement Dec 15
- DPF Non Resident Statement Nov 15
- DPF Non Resident Statement Oct 15
- DPF Non Resident Statement Sep 15
- DPF Non Resident Statement Aug 15
- DPF Non Resident Statement Jul 15
- DPF Non Resident Statement Jun 15
- DPF Non Resident Statement May 15
- DPF Non Resident Statement Apr 15
- DPF Non Resident Statement Mar 15
- DPF Non Resident Statement Feb 15
- DPF Non Resident Statement Jan 15
- DPF Non Resident Statement Dec 14
- DPF Non Resident Statement Nov 14
- DPF Non Resident Statement Oct 14
- DPF Non Resident Statement Sep 14
- DPF Non Resident Statement Aug 14
- DPF Non Resident Statement Jul 14
- DPF Non Resident Statement Jun 14
- DPF Non Resident Statement May 14
- DPF Non Resident Statement Apr 14
- DPF Non Resident Statement Mar 14
- DPF Non Resident Statement Feb 14
- DPF Non Resident Statement Jan 14
- DPF Non Resident Statement Dec 13
- DPF Non Resident Statement Nov 13
- DPF Non Resident Statement Oct 13
- DPF Non Resident Statement Sep 13
- DPF Non Resident Statement Aug 13
Capital Gains Tax
When you invest in the Fund you acquire units which are assets for capital gains tax purposes.
Unitholders should refer to the ATO’s document titled “Personal Investors Guide to Capital Gains Tax” to determine their capital gains tax obligations. In particular unitholders should be careful to adjust their tax cost base of their units for tax deferred and/or AMIT cost base net amount excess/shortfall adjustments as outlined in their Annual Tax Statement or AMMA Statement provided each year.
This is general information, not tax advice
The above tax information has been prepared for general information purposes only and should not be relied upon as tax advice. This information should be read in conjunction with the ATO’s publications. This investment can give rise to complex tax issues and as each unitholder’s particular circumstances are different we recommend that you consult your professional tax adviser for specific advice. While every effort is made to provide accurate and complete information, Cromwell Funds Management Limited (“CFM”) does not warrant or represent that this information is free of errors or omissions or is suitable for your intended use and personal circumstances. Subject to any terms implied by law which cannot be excluded, CFM accepts no responsibility for any loss, damage, cost or expense (whether direct or indirect) incurred by you as a result of any error, omission or misrepresentation.
