Unitholder Tax Information
2019/20 Annual Tax Statements
The GCI Annual Tax Statements (“ATS”) for the 2019/20 financial year were distributed to unitholders on 6 August 2020.
Taking feedback from investors re the timeliness of the ATS distributions, the Investment Manager and the Responsible Entity, with the co-ordination of the Trust’s administrators, the Trust’s registry and PwC (the Trust’s auditors and tax advisers), set themselves a target to bring forward the completion and delivery of GCI’s ATS. This concerted effort has resulted in unitholders this year receiving their ATS almost 4 weeks earlier than in 2019.
GCI makes cash distributions on a monthly basis and these distributions make up just one component of a unitholder’s attributable tax. GCI’s tax year-end is 30 June at which time the final components of tax attribution are determined and disclosed in the ATS. Unitholders should refer to their ATS for managing their tax affairs and should not rely solely on the cash distribution information presented below.