dividend imputation


dividend imputation
/dɪvədɛnd ɪmpjuˈteɪʃən/ (say divuhdend impyooh'tayshuhn)

noun
a taxation system designed to avoid a double taxation on company profits both at the corporate and at the individual level, by allowing the individual to claim the tax on dividends already paid by the company; franking.

Australian English dictionary. 2014.

Look at other dictionaries:

  • Dividend imputation — is 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. In comparison to the classical system, it… …   Wikipedia

  • Dividend Imputation — An arrangement in Australia and several other countries that eliminates the double taxation of cash payouts from a corporation to its shareholders. Australia has allowed dividend imputation since 1987. Through the use of tax credits called… …   Investment dictionary

  • Dividend stripping — is the purchase of shares just before a dividend is paid, and the sale of those shares after that payment, i.e. when they go ex dividend. This may be done either by an ordinary investor as an investment strategy, or by a company s owners or… …   Wikipedia

  • Imputation — can refer to: *Dividend imputation, tax credits attached to company dividends *Imputation (economics) *Imputation (game theory) *Imputation (law) *Imputation (religion) *Imputation (statistics) …   Wikipedia

  • Dividend — This article is about financial dividends. For dividends in arithmetic, see Division (mathematics). Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis  …   Wikipedia

  • Dividend tax — Taxation An aspect of fiscal policy …   Wikipedia

  • imputation system — Formerly, the UK system in which a company making a qualifying distribution paid advance corporation tax on the dividend paid; this amount could then be set against the gross corporation tax for the accounting period. The shareholder receiving… …   Big dictionary of business and management

  • imputation system — Formerly, the system in which the advance corporation tax (ACT) paid by a company making qualifying distributions was available to set against the gross corporation tax for the company. The shareholder receiving the dividend was treated as having …   Accounting dictionary

  • Imputation tax system — Arrangement by which investors who receive a dividend also receive a tax credit for corporate taxes that the firm has paid. The New York Times Financial Glossary …   Financial and business terms

  • imputation tax system — Arrangement by which investors who receive a dividend also receive a tax credit for corporate taxes that the firm has paid. Bloomberg Financial Dictionary …   Financial and business terms