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What are the franked and unfranked dividends that appear on my Tax Statement?

April 26, 2017appear dividends franked tax

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What are the franked and unfranked dividends that appear on my Tax Statement?

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A. Franked dividends are received from Australian companies that have paid Australian company tax on their earnings. A franking credit attached to a dividend reflects the amount of tax that has already been paid by the company issuing the dividend.