Hi All, Delta private limited is planning to make frankable distributions in the year 2023....
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Hi All, Delta private limited is planning to make frankable distributions in the year 2023. In July 2023, 1st frankable distribution of $80,000 which is franked at 55%. In October 2023, it is planning to make another frankable distribution of $100,000 franked at 80%. Finally in December 2023, to distribute $70,000 franked at 40%. Advise the tax implications of the above.
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