Briefly explain how the imputation tax system works in Australia by providing an example. Assume a 30 percent corporate tax rate and a 15 percent marginal tax rate for the investor.

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The Answer of Briefly explain how the imputation tax system works in Australia by providing an example. Assume a 30 percent corporate tax rate and a 15 percent marginal tax rate for the investor.

Briefly Explain How the Imputation Tax System Works in Australia