Sentences with phrase «receive franked dividends»

Putting aside his mistaken belief that his voters are «Aussie Battlers» - when in fact they are hard - working small business owners and contractors, many of whom receive franked dividends from their business endeavors — it's worth looking at what all the fuss is about... Continue...

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.

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 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.

Tax credit passed on to shareholders who receive partially or fully franked dividends.

But as a part owner of Australian listed companies, receive it as fully franked dividends and I will pay a flat 30 % tax.

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

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.