Ann: PRG Board recommends acquisition proposal from PERSOL, page-62

  1. 10,373 Posts.
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    As a question, is it not a case that the franking credits account balance reflects tax they have paid on earnings? Therefore they can make a dividend payout up to the "earnings" equivalent
    of the franking credits they hold.
    If not, then where does the franking account balance come from?
 
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