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Well super has its own tax rules.But my point is, Why would you only want to create a ruling that only targets franking credits?I mean if your goal is to stop people with large super accounts from taking advantage of the tax free threshold, simply banning franking credit refunds is a stupid way to do it, because people with large super accounts can still hold other investments and claim the deduction, plus alot of small players get hit in the cross fire.you could simply have a rule that people with over X amount of super earnings don't qualify for the tax free threshold.
Well super has its own tax rules.
But my point is, Why would you only want to create a ruling that only targets franking credits?
I mean if your goal is to stop people with large super accounts from taking advantage of the tax free threshold, simply banning franking credit refunds is a stupid way to do it, because people with large super accounts can still hold other investments and claim the deduction, plus alot of small players get hit in the cross fire.
you could simply have a rule that people with over X amount of super earnings don't qualify for the tax free threshold.
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