Simplified imputation: co-operatives franking distributions
About this fact sheet
This fact sheet explains how amendments to the Tax Act allow a co-operative company to frank distributions made to their members from assessable income for the current income year.
This fact sheet also contains links to other fact sheets on imputation.
In this fact sheet we use the term 'co-operative company', which is a co-operative established under state legislation but qualifies as a co-operative under the Tax Act.