April 2018

NewsSMSF Insights

SMSF Association’s Policy Position: Labor’s Proposed Imputation Credit Policy

Dividend imputation system distorted  The SMSF Association supports the current policy settings for the dividend imputation system. The current system prevents double taxation on company profits and ensures shareholders are taxed on company profits at their marginal tax rate. A shareholder in a company is therefore in the same economic position as a sole proprietor…