Sentences with phrase «shareholders at marginal rates»

Those dividends were then taxed in the hands of recipient shareholders at marginal rates as high as 60 %.

Not exact matches

This means that these gains will be taxed as ordinary income, and shareholders will be taxed at the rate equal to their highest marginal tax rate.

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.