Under the current Australian imputation system,dividends on which the company has already paid corporate tax are referred to as _____.

Question

Quizplus · Accepted Answer

Franked dividends are dividends on which the company has already paid corporate tax and the imputation system allows Australian shareholders to receive a credit for the tax already paid by the company, called franking credits or imputation credits.

Under the Current Australian Imputation System,dividends on Which the Company