Intra group dividends do not result in a requirement for tax effect adjustments on consolidation if:
A) group companies are Australian
B) the dividend is fully franked
C) Both A and B
D) none of the above

Question

Quizplus · Accepted Answer

Intra group dividends do not require tax effect adjustments on consolidation if the group companies are Australian and the dividend is fully franked, as the franking credits offset the tax liability.

Intra Group Dividends Do Not Result in a Requirement for Tax