dividends are only fully franked if your income is under the taxable limit any dividend payed out after the taxable income limit is met is taxable i'e if a millionaire is living off dividends the franking credit goes away depending on their income ,one would assume if a millionaire is living off dividends their income would be high enough to be taxable = now my head hurts
- Forums
- Political Debate
- Our ABC promotes a "Wealth Tax" proposal.
Our ABC promotes a "Wealth Tax" proposal., page-53
-
- There are more pages in this discussion • 155 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)