Where a shareholder is entitled to receive a dividend it will be included as part of their assessable income for the relevant financial year unless it is:

Name: Where a shareholder is entitled to receive a dividend it will be included as part of their assessable income for the relevant financial year unless it is:
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Question

Quizplus · Accepted Answer

All dividends, whether fully franked or unfranked, are generally included in assessable income. A dividend reinvestment scheme does not exempt the dividend from being assessable income.

Where a Shareholder Is Entitled to Receive a Dividend It