WHAT IS IMPUTATION – In this topic, we will first know and learn the definition of this term and how is this term used in sentences.

The imputation system is a tax mechanism that aims to eliminate the double taxation of corporate profits by allowing shareholders to receive a credit for taxes paid by the corporation on its profits.

Dividend Imputation is a tax plan that helps in avoiding double taxation on dividends from companies to investors who get these cash payouts. The system shows that the company that has issued ...

Imputation credits is also known as franking credits and are paid as tax credits to the shareholders alongwith the dividends. It is a method of lessening or removing the double tax burden. In ...

These systems of taxation offer shareholders tax credits (fully or partially) in respect of company tax already paid when assessing their income tax liability on dividends paid out.

1 DST-NRF Centre of Excellence for Biomedical Tuberculosis Research, South African Medical Research Council Centre for Tuberculosis Research, Division of Molecular Biology and Human Genetics, Faculty ...