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READ MORELabor franking proposal could spur risky investor behaviour
Lobbying efforts against the federal opposition’s plan to end cash payments for excess franking dividends have ramped up, with accountants called on to educate clients on the potential fallout.
Last week, the House of Representatives Standing Committee on Economics announced an inquiry into the implications of removing refundable franking credits, with Wilson Asset Management chair Geoff Wilson describing it as a “significant battle” won in its battle to maintain the current system.
Read the full article at Accountants Daily.
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