Hi Mojo
Before it becomes a dividend it is corporate income, not any given shareholder's income, so corporate tax should be paid on it and there should be no taxpayer funded handout to shareholders.
Franking credits are a tax-offset for taxpaying shareholders to avoid double taxation on dividends.
Good to see some honest posting on the subject.
Pear
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Hi Mojo Before it becomes a dividend it is corporate income, not...
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