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J Unfranked dividend amount

Last updated 12 February 2019

Show at J the total amount of unfranked dividends and unfranked non-share dividends that the fund received.

Do not show at J:

  • unfranked distributions from a New Zealand franking company; show them at D1 Gross foreign income and D Net foreign income
  • the unfranked part of a distribution from a pooled development fund (PDF). The unfranked part of the distribution is exempt from income tax and is not included in the fund’s assessable income. However, this amount of exempt income must be taken into account when working out the amount of the fund’s tax loss at M Tax losses deducted item 11.

Even if the TOFA rules apply to the fund, show at J all unfranked dividends that were paid or credited to it by Australian (resident) companies. This includes unfranked dividends in respect of financial arrangements subject to the TOFA rules.

If what you show at J includes an amount brought to account under the TOFA rules, also complete item 16 Taxation of financial arrangements (TOFA).

See also