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At last, an answer to the $5 billion question: who gets the imputation cheques Labor will take away?

  • Written by Ben Phillips, Associate Professor, Centre for Social Research and Methods, Director, Centre for Economic Policy Research (CEPR), Australian National University
At last, an answer to the $5 billion question: who gets the imputation cheques Labor will take away?Those who'll miss out the most have very high wealth.Shutterstock

Labor is banking on about A$5 billion per year from ending the cash payment of company tax refunds to dividend holders who don’t pay tax.

It’ll exempt charities, non-profits, pensioners and part pensioners and other Australians on government allowances, including future...

Read more: At last, an answer to the $5 billion question: who gets the imputation cheques Labor will take away?

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