Franking credits attached to franked dividends paid to your organisation, or attached to an entitlement to a franked distribution, are refundable. This is provided you meet certain eligibility criteria
Franking credits generally occur for shareholders when certain Australian-resident companies pay income tax on their taxable income and distribute their after-tax profits by franked dividends. These franked dividends have franking credits attached.
To view further detail about eligibility criteria and applying for a refund, click here.
