Question: What is franked distribution in partnership? How is it calculated? 51 Statement of distribution PARTNER 1 NON-INDIVIDUAL Tax file number (TFN) 666 000 666 NAME
What is franked distribution in partnership?
51 Statement of distribution PARTNER 1 NON-INDIVIDUAL Tax file number (TFN) 666 000 666 NAME (company, partnership, trust etc.) Kumar Praveen Share of income - Non-primary production B Franked distributions L D Share of net small business income H Franking credit Australian business number (ABN) 34081 00 964 00 289.00 33956 00
Step by Step Solution
★★★★★
3.48 Rating (171 Votes )
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
In a partnership a franked distribution refers to the portion of the distribution made to partners t... View full answer
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
