Franking credits: what's fair?

By Noel Whitaker
May 9 2019 - 8:00am
Dividends from Australian shares are the only Australian income stream where profits are taxed before you receive them. The franking credits are simply a credit for tax paid by the company on behalf of the investor.
Dividends from Australian shares are the only Australian income stream where profits are taxed before you receive them. The franking credits are simply a credit for tax paid by the company on behalf of the investor.

Taxation will be the dominant issue in the election, and Labor's policy to stop the refund of franking credits will be top of the charts. But most voters have no idea how the imputation system works.

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