I’ll be brief.
The basis for dividend imputation is that you shouldn’t pay tax twice. Dividends are derived from profits after tax and to treat dividends as income would incur another tax.
As a consequence of imputation company tax is held by the ato and then credited to the tax payer. This has the effect of removing a significant proportion of company tax from revenue.
The deduction of company tax from income tax is only of benefit to Australian tax payers.
It would be far better to remove imputation and reduce company tax, which would make the ASX more attractive to foreign investors.
I’ll be brief. The basis for dividend imputation is that you...
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Last
$4.88 |
Change
-0.010(0.20%) |
Mkt cap ! $55.72B | |||
| Open | High | Low | Value | Volume |
| $4.88 | $4.91 | $4.84 | $96.51M | 19.81M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6400 | $4.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.89 | 252894 | 7 |
View Market Depth
| Last trade - 16.10pm 23/06/2025 (20 minute delay) ? |
| TLS (ASX) Chart |