YAL 1.04% $6.81 yancoal australia limited

Dividends are NOT tax-free — they’re taxable just like other...

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    Dividends are NOT tax-free — they’re taxable just like other income. Franking credits serve to reduce the tax payable on dividend income, the rationale being that 30% tax (usually) has already been paid by the company which paid the dividend.

    Please check your facts before making blanket statements that are patently wrong.
 
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