Dick Smith speaks the Truth, page-39

  1. Dave R
    58,089 Posts.
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    16/08/19
    15:31
    Post #: 40018507
    The company does not pay tax on behalf of it's shareholders as you know jwfc.
    The company pays tax for itself.
    It is only government largesse in Australia and one or two other countries that call it a franking credit.
    And Australia is alone in the world in paying out franking credits as refunds, which is welfare.
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