(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.
More example sentences
- 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.