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What is the Tax Position when investing in AMCIL?

Investing position tax
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What is the Tax Position when investing in AMCIL?

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All of AMCIL’s dividends to date have been fully franked, potentially enabling shareholders to offset the franking credits received against their own income. Recent changes to the imputation system also allow refund of franking credits to shareholders whose marginal tax rate is less than the Company tax rate.

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