History of tax in Australia

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Normal topic history of tax in Australia
by gre0031 » Thu, 07/16/2015 - 10:56
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by ppicc1337
Thu, 07/16/2015 - 12:37
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  • Fact 16

    The monetary cost of World War II was ten times the cost of World War I. Raising revenue via taxation became a vital part of Australia’s war effort.

Franking credit

A credit paid to shareholders for the tax already paid on a dividend distribution by the company. Franking dividends were formerly called imputation credits.

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