A dividend paid by a company out of profits on which the company has already paid tax. The investor is entitled to an imputation credit, or reduction in the amount of income tax that must be paid, up to the amount of tax already paid by the company. These dividends carry a tax credit of 30%.
A dividend distributed by an Australian company out of profits on which company tax has been paid.
a dividend that carries an imputation credit. Imputation credits are taxation credits earned as a result of the company having already paid tax at the corporate rate. A dividend may be either partly or fully franked.
A dividend with an imputation credit attached.
Tax has been paid at company rates giving the shareholder a tax credit. A partial y franked dividend has a lower rate of tax paid.
Dividends on which an Australian resident company has already paid corporate tax.