View example sentences and word forms for Franking.
Franking meaning
A device or marking such as postage stamp, printed or stamped impressions, codings, labels, manuscript writings, or any other authorized form of markings affixed or applied to mails to qualify them to be postally serviced. | A corporate tax system in which some or all of the tax paid by a company may be attributed, or imputed, to the shareholders by way of a tax credit to reduce the income tax payable on a distribution.
Example sentences (14)
Companies can attach any proportion of franking up to a maximum amount that is calculated from the prevailing company tax rate: for each dollar of dividend paid, the maximum level of franking is the company tax rate divided by (1 - company tax rate).
Franking credit refunds and negative gearing are not the same type of thing.
Many of these are the same voters who deserted Labor at the 2019 federal election over concerns about franking credits and a scare campaign about a death tax.
That means the difference between the yield available from fixed-interest investments and from equities (without franking) has gone from bonds yielding 11 per cent more than equities to now yielding 2.94 per cent less than equities.
The Sydney Morning Herald he accepted his share of the blame for the loss but rejected the widespread argument the result turned on negative gearing and franking credits, contentious policies he advanced as shadow treasurer.
Franking has come under fire many times in the past as an unfair, costly relic that gives incumbents an unfair advantage.
Last week Geoff Wilson, a strong critic of the proposal, highlighted what could be a serious unintended consequence of to stop cash refunds of franking credits.
On Wednesday morning, the first tax return I did was for a pensioner who had $368 of franking credits from Telstra shares, and thus entitled to a $368 refund.
Australia and New Zealand Australia and New Zealand have a dividend imputation system, wherein companies can attach franking credits or imputation credits to dividends.
Franking is a method of creating postage-prepaid envelopes under licence using a special machine.
One dollar of company tax paid generates one franking credit.
The fortunes of the commercial envelope manufacturing industry and the postal service go hand in hand, and both link to the printing industry and the mechanized envelope processing industry producing equipments such as franking and addressing machines.
The franking privilege allows members of Congress to send official mail to constituents at government expense.
They are all four symbiotic: technological developments affecting one obviously ricochet through the others: addressing machines print addresses, postage stamps are a print product, franking machines imprint a frank on an envelope.