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Reprieve in sight for franked distributions funded by capital raisings

Stakeholders have welcomed a recommendation from the Senate Economics Legislative Committee that the government review its controversial plan to limit franking credits stemming from capital raisings and share buybacks.

Tahn Sharpe | 15th Jun 2023 | More
Proposed changes to off-market share buybacks rile franking system advocates

Treasury has released for public consultation draft legislation aimed at closing a tax loophole for off-market share buybacks, prompting renewed fears over the future of franking credits despite assurances that mum-and-dad investors will not be affected.

Lisa Uhlman | 24th Nov 2022 | More