NTTGYour belief that:"The problem with company profits is that...

  1. 2,717 Posts.
    NTTG

    Your belief that:

    "The problem with company profits is that any dividends recieved are effectively tax free - franking effect."

    is incorrect. The tax has been paid by the company on behalf of the shareholder in a franked dividend.

    Tax has been paid.
 
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