EXT 7.69% 1.2¢ excite technology services ltd

the longer you wait rio the more it will cost, page-13

  1. 3,704 Posts.
    Lucky,

    Can you please explain this part "However you can also use the franking credits you receive with the dividend to offset some of this 15% that you have to pay effectively reducing the the tax burden to close to 0%".

    I don't understand that part.
 
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