Fugazied
A refund from franking credits is not a tax payer funded handout. Tax is paid by the company on your behalf. That tax is refunded to the shareholder as imputated credits. The shareholder can use this to offset tax or the credits can be refunded depending on tax circumstances.
You have trouble getting your head around this. The company pays the tax for you. It is not a tax payer funded handout.
The Coalition is not reviewing franking credits at all. This is a good system and if you don't like it why don't you build up your own quantity of TLS shares so that you can also receive franking credits yourself.
TLS looking good here. 4 bucks coming soon.
Stackey
Where to now for long term investors of Telstra, page-6738
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Last
$3.89 |
Change
0.040(1.04%) |
Mkt cap ! $44.94B | |||
| Open | High | Low | Value | Volume |
| $3.86 | $3.90 | $3.85 | $66.87M | 17.23M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 311462 | $3.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.89 | 133931 | 11 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| TLS (ASX) Chart |