Franking and Imputation Rules

Explore the mechanics of Australia’s imputation system, from franking accounts to dividend payments and more.

In this session, we cover:

• Australia’s imputation system

• Company tax rates

• The mechanics of the franking account

  • Timing of credits and debits

  • Franking deficit tax

  • Franking returns

• Paying a dividend

  • Resolution

  • Franking a distribution

  • Unfrankable distributions

• Receiving a dividend

  • Assessability of dividends to shareholders

  • Benefits of franking credits

  • Qualifying for franking credits

• Anti-avoidance provisions