| Refund of Excess Franking Credits |
| Excess Franking Credits |
The Tax Office has announced the mechanism to be used for claiming a refund of excess franking credits. Resident individuals, superannuation funds, charities and certain other taxpayers may claim a refund from 1 July 2001 for excess credits on franked dividends paid on or after 1 July 2000.
Where such entities lodge a tax return, refunds may be claimed via an attached schedule. Other entities may claim the refund via an application form that may be obtained from the Tax Office.
7th-August-2001 |
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