Dividend imputation is a corporate tax system in which some or all of the tax paid by a company may be attributed, or imputed, to the shareholders by way of a tax credit to reduce the income tax payable on a distribution.
reference: http://en.wikipedia.org/wiki/Dividend_imputation
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reference: http://en.wikipedia.org/wiki/Dividend_imputation
visit: http://www.b2bwhiteboard.com/
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