Definition of franked investment income in English:
(In the UK) income in the form of dividends paid to a company from earnings on which corporation tax has already been paid by the originating company.
- As I mentioned earlier, the franked investment income case may cost an additional £7 billion.
- There are also special rules for the treatment of franked investment income, dividend income.
- Surplus franked investment is the excess of the aggregate of nine eighths of the franked investment income and the surplus franked investment income brought forward over the franked distribution.
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Canada
Most popular in Australia
Most popular in Spain
Most popular in Malaysia
Most popular in India
Most popular in Pakistan