Terms Beginning With 'f'

Franked Dividend

  • January 18, 2020
  • Team Kalkine

In Australia, the Commonwealth Government introduced the concept of dividend imputation in a bid to remediate the tax cascading while taxing a company’s profits. The main aim of a franked dividend is to reduce the tax burden of a dividend-receiving investor. They are best known for eliminating any chance of double taxation by providing credit (franking credit).

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