Sentences with phrase «franking credits came»

Former copper Steve Apps says Labor's proposal to abolish refundable franking credits came as a real shock.

Not exact matches

To his credit, the director was quite frank with the fan, stating that they should avoid it if they want to come into the film completely clean, although he did end his tweet on a tantalizing note.

If the income is from «franked» dividends - that is, dividends paid by an Australian company out of profits on which it has already paid tax - it will come with a credit for the tax already paid, called an «imputation credit».

Say you wanted to end up with a 5 % position in the company, you would have to have enough cash to invest 55 % of your portfolio in the stock today (the other 50 % will come straight back as dividend and franking credits).