Inquiry into the implications of removing refundable franking credits submission 2018

Philanthropy Australia’s submission to the Standing Committee on Economics’ Inquiry into the implications of removing refundable franking credits.

Philanthropy Australia has been consistently of the strong view that the existing refundable franking credit arrangements applying to philanthropic trusts and foundations and other charities should be retained. We recommended that no changes be introduced that may have an adverse impact upon philanthropy, and by extension the various charities and charitable causes supported by philanthropy.

For more information, see Inquiry into the Implications of Removing Refundable Franking Credits on the Australian Parliament House website.