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Can dividends on Long Shares position in my account attract franking credits?

April 26, 2017Credits dividends franking my account position Shares

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Can dividends on Long Shares position in my account attract franking credits?

1 Answer

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Yes. With Macquarie Prime, the investor in a Long Position is the beneficial holder of the underlying shares. As such, if you receive dividends based on a share position you are able to claim any associated franking credits, subject to eligibility.