Holders of self - funding instalment warrants receive dividends and
franking credits from the underlying shares.
Not exact matches
The biggest losers
from Bill Shorten's proposals will be individuals who pay little or no tax, given that the ability to use
franking credit...
Franking credits are attractive and you have to take into account foreign exchange risk so we're still maintaining that long - term 50 per cent Aussie but the trend is away
from Australia.»
Apart
from the ones you mentioned, we can also get our score for free, at least once every 12 months, and after the latest Dodd
frank amendment, banks should disclose you your
credit scores if they take any adverse action on your account.
Organisations receiving a dividend
from a New Zealand (NZ) company with Australian
franking credits attached to it will be able to obtain a refund of those Australian
franking credits.
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».
It's a bit like a lay - by, except you get all the benefits of owning the shares
from day one, such as receiving dividends and
franking credits.
The efficient market is hard at work transferring the RHG's shares
from those on high tax rates who prefer discounted capital gains (such as myself and John Kinghorn) to those who value the
franking credits (mostly super funds in pension mode).
From the outside, the Australian system (including
franking credits on divdends) look highly attractive.