Accounting associations raise franking credits, death tax and cost base concerns
Tony Greco, senior tax adviser for the Institute of Public Accountants, said while “everyone was thankful” when the government announced its decision to revise its approach to Div 296 in October 2025, there are certain aspects of the revised proposal that need to be re-worked. “After the government maintained its steadfast position in the original proposed framework announced in March 2023 for two-and-a-half years, it...
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