Under the imputation tax system,what will be the grossed up value of a $5 cash dividend that was paid fully franked.The company tax rate is 30%.

Name: Under the imputation tax system,what will be the grossed up value of a $5 cash dividend that was paid fully franked.The company tax rate is 30%.
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Under the imputation tax system, the grossed up value of a fully franked dividend is calculated as (dividend amount)/(1-company tax rate). In this case, the grossed up value would be $7.14 (($5)/(1-0.30)).

Under the Imputation Tax System,what Will Be the Grossed Up