Sentences with phrase «of franking credits»

These arrangements concern us because they are intended to shield dividend income at a low or zero rate of tax, rather than «top - up» tax being paid at the individual shareholder's marginal rate, and the fund being entitled to a refund of franking credits.

For advocates of franking credits, there's no better launch pad for investors wanting to make easy earnings on their Aussie stocks.

See how the index series allows investors to more precisely measure the performance of the Australian equity market by factoring in the impact of franking credits attached to dividends.

Importantly, the company has net tangible assets of $ 63m and $ 20m worth of franking credits.

Refunds of franking credits — the organisation must be a Charity endorsed by us or a DGR or an organisation is listed by name in tax law

We probably desire to take greater advantage of franking credits and have a lower exposure to the US market than an American investor.

This page answers general questions your organisation may have about applying for and receiving a refund of franking credits.

Endorsed income tax exempt entities and deductible gift recipients (DGRs) can apply for a refund of franking credits.

For instructions on completing an application for refund of franking credits for years prior to 2011 — 12, phone us on 1300 130 248.

Your organisation may also receive distribution statements showing a franked distribution and the amount of franking credits attached or included in the distribution amount.

We send organisations a personalised Application for refund of franking credits form (NAT 4131) form in June of each year if they applied for and received a refund in the previous year.

I'd estimate the current portfolio dividend yield at about 2 % fully franked, so you might get 50bps to 1 % of franking credits a year on the current holdings.

In Warrnambool, the issue was that a dividend proposal that endeavoured to give the value of franking credits to target shareholders was conditional, complex and essentially unworkable,» the panel said.

«In Alesco, the issue was the inclusion of a reference to the value of franking credits in the «headline» offer price.

The official takeovers arbitration body said on Friday that the issue of treatment of franking credits arose before it in paints group Dulux's tilt at Alesco in 2012 and in the WCB deal.

Importantly, the company has net tangible assets of $ 63m and $ 20m worth of franking credits.

However, if he is a low income earner, it is possible to be refunded the full amount of the franking credit.

Not exact matches

However there is an interesting specialty with regard to dividends in Australia: They want to avoid double taxation of corporate profits and therefore every Australian holder of Australian stocks receives so called «Franking credits» when an Australian company pays dividends.

Murray Goulburn said it still wished to «explore the potential» of WCB paying special dividends under its revised offer in order to deliver franking credit benefits to some shareholders.

Lady Bird doesn't get enough credit for how good it looks, Gerwig and cinematographer Sam Levy giving the film sometimes the warm glow of fond memory and other times a crispness to match Lady Bird's frank disposition.

• As if we needed another reason to love John Green, his frank discussion of why he feels The Fault in Our Stars has been so wildly successful — in which he credits his editor, publicist and publisher — frankly made this former book editor swoon.

A franking credit arise when a corporate tax entity does any of the following:

A franking credit is an amount of imputed company tax.

Franking credits can also occur as a result of an entitlement to a franked distribution, such as when the organisation is a beneficiary of a trust.

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.

The Australian Taxation Office has a lot of information regarding franking credits / franked dividends: https://www.ato.gov.au/Business/Imputation/Receiving-dividends-and-other-distributions/

This is the dividend in cents, excluding the value of notional franking credits, divided by the share price.

Which, combined with the 30 % franking credit is a grossed up yield of 4.14 %.

Among the nation's largest institutional investors, super funds could not take advantage of the «excess» franking credits they were receiving.

If these companies were more frank and candid about the incredibly convoluted world of credit scoring, consumers would probably be less likely to buy their scores.

The introduction of dividend imputation in 1987 removed the double taxation of dividends, with tax - resident Australian companies receiving a «franking credit» for tax paid at prevailing corporate tax rates.

On a side note, the lack of consideration given to franking credits in takeover bids has been an extremely frustrating theme throughout 2015.

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.

However foreign companies can only use franking credits to offset dividend withholding tax so not sure of the impact of this for marginal investor.

Holders of self - funding instalment warrants receive dividends and franking credits from the underlying shares.

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 long - term equities core portion could be achieved using index funds (index mutual funds or index ETFs) and / or large - cap «blue chip» stocks that have a very low probability of failing, emphasising the reinvestment of dividends and franking credits.

For super funds not subject to tax, you can buy it at today's price of $ 1.24, collect $ 0.79 in cash on 2 June and another $ 0.34 for the franking credit when you submit your tax return (as early as July if you are organised).

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).

A managed fund in which the investment manager invests in range of shares to satisfy a specific investment goal, such as maximising capital growth, dividend income or franking credits.

* Be frank: If the background checking involves your credit history, call your potential boss and explain the reason of your bad credit.

Let be frank, using a person's credit score instead of their «DRIVING RECORD» is pure and simple «LEGALIZED EXTORTION».