Hi,
I think the problem is that the amount of bonus share will no more than be the cash component of the divi, so you miss out on the franking credit anyway.
cheers
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- Positive Discussion on Methods to Mitigate Franking Credit Changes - Individuals (NOT SMSF's)
Positive Discussion on Methods to Mitigate Franking Credit Changes - Individuals (NOT SMSF's), page-21
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