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Over the last year, the COVID-19 pandemic has posed a number of challenges to religious liberty. In recent days, there have been several major developments related to religious freedom on both the domestic and international fronts.
Equity funded special franked distributions are the focus of a specific tax integrity measure announced in the Mid-Year Economic and Fiscal Outlook 2016-17 (MYEFO). Equity funded special franked distributions (ie, dividends and non-share dividends outside the normal distribution pattern) were the principal focus of Taxpayer Alert TA 2015/2: Franked distributions funded by raising capital to release credits to shareholders which was issued on 7 May 2015.
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
