A lighter tax load

Walker, Chris
February 2007
Money (Australia Edition);Feb2007, Issue 87, p93
The article discusses how dividend imputation, where a company paying the dividend imputes or credits to the shareholder the amount of tax paid on the dividend the shareholder receives, are taxed in Australia. Franked dividends are those distributed to shareholders from the company profits on which tax has already been paid. When some firms pay dividends out of funds on which no company tax has been paid, they are known as unfranked dividends.


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