Quote Originally Posted by golden city View Post
How does the tax will effect Alf
My understanding after discussions with my accountant:

No effect on equity.
Any amount paid now (if paid... still a decent amount of process to go through before we know) is recovered over time by equivalent amount of imputation credits.
Impact is then only on cashflow then I suppose.
ALF has the free cashflow to pay it now, but is there an associated opportunity cost for the interim period between payment (if paid) and recovery? ie Something else they could have done with the money?