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Labor wants to scrap policy giving $2.5 million refunds to some non-taxpayers

Australia's $5 billion-a-year system of cash refunds for some shareholders would be abolished under Federal Labor's latest tax policy.

Labor wants to scrap policy giving $2.5 million refunds to some non-taxpayers
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  • Shared by ABC Online.
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  • March 13, 2018
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  • 1 minute read
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Labor wants to scrap policy giving $2.5 million refunds to some non-taxpayers

When paying dividends to domestic shareholders, companies include what are known as franking credits.

Read the full article on ABC Online.

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