I got my tax done the other day. I received $61,600 from my 220,000 shares and the accountant said that the franking credit was $26,400. Which is added to your income, so the amount that I received was $88,000 of which $26,400 tax has been paid. even though I never saw $88,000 just $61,000.
Ann: Wallace South Exploration Update , page-12
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