ATO franking credits explained
ATO franking credits explained
9 months ago
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What are franking credits? (and how they can help Australian investors) | Plato Investment Management
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sapling.com
0:53
$482 billion in Franking credits that Treasury know nothing about it! Here’s another ticking budget time bomb. There is $482 billion dollars sitting in company franking accounts. To put that in perspective that’s half the national debt of a trillion dollars, or the last five years of company tax receipts that could be refunded. Needless to say the head of Treasury had no idea about it and the contingent liability doesn’t even sit on the balance sheet which it should. Take a bow Peter Costello. Y
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