Its not like that at all
The employee pays tax on the wage they receive.
The company pays tax on the profit they make.
Dividends are not wages they're completely different. Dividends are profits paid out after tax. They are considered income, as are wages, but tax has already been paid on such, unlike wages which are paid out as gross and the wage earner pays tax after the fact. As in the case of dividends the tax has already been paid the recipient is granted a franking credit so as not to be taxed twice.
Franking is a tax credit. It is not a cash payment. If you pay no tax you get no credit
Its not like that at allThe employee pays tax on the wage they...
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add TLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.95 |
Change
0.040(1.02%) |
Mkt cap ! $46.33B | |||
| Open | High | Low | Value | Volume |
| $3.92 | $3.96 | $3.91 | $86.57M | 21.95M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 442666 | $3.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.95 | 247595 | 4 |
View Market Depth
| Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
| TLS (ASX) Chart |
