Terms Beginning With 'i'

Imputation Credits

  • January 15, 2020
  • Team Kalkine

Imputation credits is also known as franking credits, which the companies pay as a type of tax credit to its shareholders along with the dividend. Imputation credits is a method to lessen or remove double taxation.

In Australia, there is a provision of franking credit which is being paid to the investor in the tax bracket of 0% to 30%.

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