@od810.. this really IS my last comment on the subject. PLEASE don’t post misinformation.
The 30% is the company tax rate (I think)… Therefore if a share is franked, it means the company tax rate has been paid on the dividend. . Franking WILL be at the 30% rate, but the dividend may only be partly franked ie. 50% of the div may be unfranked, and 50% franked. Therefore the Franking benefit may only be 50% of that received, than if the div was 100% franked. Please do your homework and don’t try educating others when you are not in full possession of the facts or are too lazy to ask for professional advice such as your accountant. Signed… Potential Ignorer !
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@od810.. this really IS my last comment on the subject. PLEASE...
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