franking credit การใช้

• This may be accomplished by " imputation systems " or franking credits.
• A company is not obliged to attach franking credits to its dividends.
• There are restrictions on who can use franking credits.
• The restrictions are designed to prevent the trading of franking credits between different taxpayers.
• In 2000 franking credits became fully refundable, not just reducing tax liability to zero.
• Note that it is only Australian franking credits which can be used by an Australian taxpayer.
• So each $ 0.70 of dividend may have $ 0.30 of franking credit attached.
• Doing so allows them to attach Australian franking credits to their dividends, for Australian tax they have paid.
• The income tax payable by the shareholders is calculated, and the franking credits are applied to offset the tax payable.
• A company can offer franking credits if it has paid company tax and shareholders can offset the credits against their income tax.
• Prior to 1 July 2000 franking credits were " wasting ", any excess over one's total tax payable was lost.
• For example, foreign shareholders cannot use franking credits ( they can't be offset against withholding tax ) but Australian shareholders can.
• The easiest way for an investor to value a franked dividend is to think of the franking credit as part of the income they receive.
• If a corporation was given a tax break then its incomes thus released from taxation would not generate franking credits precisely because no tax was paid.
• An eligible shareholder receiving a franked dividend declares the cash amount plus the franking credit as income, and is credited with the franking credit against their final tax bill.
• An eligible shareholder receiving a franked dividend declares the cash amount plus the franking credit as income, and is credited with the franking credit against their final tax bill.
• When the company pays a dividend, either in the same year or later, it may attach a franking credit from its franking account, in proportion to the tax rate.
• There are certain anti-tax-avoidance rules to prevent New Zealand companies deliberately streaming Australian franking credits towards their Australian shareholders; credits must be distributed on a pro-rata basis.
• Dividends may still be paid by a company when it has no franking credits ( perhaps because it has been making tax losses ), this is called an " unfranked dividend ".
• In the past it was permissible for corporations to direct the flow of franking credits preferentially to one type of shareholder over another so that each may benefit the most as fits their tax circumstances.