Mate you are laughable, what part of the "tax has already been paid" part don't you understand?
The tax HAS BEEN PAID!
By owning the shares the TAX HAS BEEN PAID!
Read that sentence until you understand it!
It's a rule to STOP DOUBLE TAXATION!
Should we DOUBLE TAX pensioners as a reward for not needing a pension after paying tax their entire life?
I call it politics for the lowest common denominator, give them free footy and try to convince them pensioners who saved some money are crooks trying to steal from them
Ann: Update - Dividend/Distribution - TLS, page-15
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