Copyright

Copyright

© Australian Taxation Office for the Commonwealth of Australia, except where indicated otherwise. Excluding material acknowledged to other sources, you are free to copy, adapt, modify, transmit and distribute material as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products). Material acknowledged to other sources can be used for non-commercial educational purposes only.

 

  • Fact 2

    In 2003, New Zealand proposed an agricultural emissions research levy to be collected from livestock farmers. The tax was to be used to fund research into the livestock industry's emissions of gases.

Franked dividend

A share of a company's distribution paid to a shareholder on which tax has been paid by the company.

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