franking Tag

The progressive lowering of company tax rates may have the effect of locking the benefit of any tax paid at a higher rate in the franking account. A company pays tax at a certain rate on the income year and franking debits accrue at that...

While the recent passing of a Bill to accelerate the reduction of the corporate tax rate for qualifying small to medium business may provide welcome relief for many in the years to come, there may be some unintended and perhaps adverse consequences in terms of...