Caution - dividends not always dividends.mpg

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Uploaded by on Jan 15, 2012

Question:Brett, I read your bulletin issue 393 about company constitutions. After a few rough years at the beginning, my business has been doing well lately and I want to pull some money out as dividends and claim the franking credits. My accountant is saying that there is a bit more to it than that. I tend to zone out whenever my accountant explains it to me. How do the new dividend rules work in practice?

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