2003

Simplified Imputations - Dividend Strategies and Compliance Issues for Year End

Source: Victoria

Published Date: 30 Apr 2003

 
As a result of the Simplified Imputation System (SIS), the rules concerning how to frank a dividend and for determining the amount that can be franked have changed.

The SIS affects the way companies distribute their taxed profits, as well as the dividend strategies used to maximise shareholder value.

Topics covered in this seminar included:
- the imputation changes and how franking has been simplified
- the implications of simplified imputation for dividend policies/strategies
- valuing the benefit of franked dividends for shareholders in light of recent legislative developments
- returning funds to shareholders and maximising shareholder value
- maximum franking percentage and the benchmark rule (including disclosures to the ATO)
- interaction with tax consolidation rules
- impact on accounting note disclosures
- changes to the Simplified Imputation rules since their introduction.

Details

  • Published On:30 Apr 2003
  • Took place at:Hawthorn Receptions, Hawthorn

The material is copyright. Apart any fair dealing for the purpose of private study,

research critisism or review, as permitted under the copyright Act, no part may be rerpoduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

This material is copyright. Apart from any fair dealing for the purpose of private study., research, critisism or review, as permitted under teh copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opininons are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

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