Fund manager Geoff Wilson has made of Wilson Asset Management says that changes to the franking system by the Federal Labor government will significantly impact companies.
The franking credit system was introduced by then-treasurer Paul Keating in 1985 to stop the double taxation of dividends. Franking credits, or imputation credits, are tax credits paid alongside company dividends for imputed tax already paid by an Australian company.
Follow Mark Bouris on Instagram, LinkedIn & YouTube.
See omnystudio.com/listener for privacy information.
Hosted on Acast. See acast.com/privacy for more information.
The podcast The Mentor with Mark Bouris is embedded on this page from an open RSS feed. All files, descriptions, artwork and other metadata from the RSS-feed is the property of the podcast owner and not affiliated with or validated by Podplay.