I Aldo invest un ASX shares but how does
franking credits work?
Hi Rulita —
franking credits work differently depending on whether you are an Resident for Tax Purposes or not.
Find out what dividends are and how
franking credits work.
Not exact matches
Given the low rate of tax paid by superannuation funds, their ability since 2000 to recoup excess
franking credits, and the large difference in tax effect between
working and pension members, one would assume that super trustees would be among the most tax aware of investment fiduciaries.
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).