Simplified imputation: franking period rules for early and late balancing corporate tax entities

More information

Other fact sheets in this series on the imputation system are also available, see:

• Simplified imputation: overview of the imputation system (NAT 7133)
• Simplified imputation: franking a distribution (NAT 7134)
• Simplified imputation: the benchmark and anti-streaming rules (NAT 7135)
• Simplified imputation: the franking account (NAT 7136)
• Simplified imputation: the tax effect of receiving a franked distribution (NAT 7137)
• Simplified imputation: rules for exempting and former exempting entities (NAT 7181)
• Simplified imputation: distribution statement requirements (NAT 7528)
• Simplified imputation: non share equity interest and inter-corporate dividend rebate (NAT 7555)
• Simplified imputation: instructions for an early balancing corporate tax entity to convert its franking account to a tax paid basis (NAT 7566)
• Simplified imputation: franking deficit tax liability for late balancing corporate tax entities (NAT 7567)

These publications and other information about the imputation system are available through the following contacts:

• phone the Business Tax reform Infoline on 13 24 78
• visit the Simplified imputation section at the Tax Office website.

Taxpayers who do not speak English and need help from the Tax Office can call the Translating and Interpreting Service (TIS) on 13 14 50.

People with a hearing or speech impairment can phone the Telephone Typewriter Service (TTY) on 1300 130 478.