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Day: September 10, 2014

The franking credit fallacy

SUMMARY: SMSFs like franked dividends. And as a result, they pay more tax, not less, than regular super funds. The DIY super army is under fire again. Now the claim is that they don’t pay tax, or “evade” paying tax. It’s a flimsy argument, based on the premise that self-managed super funds invest in companies […]