Proposal to remove the refund of tax paid on franking credits

By
Andrew Clifford,
User

Andrew co-founded Platinum in 1994 as the Deputy Chief Investment Officer, having worked alongside Kerr for several years at Bankers Trust and perfecting the craft of.. More

06 Nov 2018

Proposal to remove the refund of tax paid on franking credits would result in an uneven playing field between LIC’s and Unit Trust Structures. Whatever the investor preference, all things being equal, the impact for an investor from a tax perspective should be neutral.

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