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Technical Article on Groups

Ggothrogue10y ago
Example 6 does not do the 100/90 x Franked investment income but the question did not mention that it was gross. Example 3 does do the 100/90 x Franked investment income and the question did not mention that it was received gross. I am not getting it. ?
TTTax Tutor10y ago#1
Without looking up the article your answer is probably this - FII IS Gross and dividend received is net (unless gross is written next to it) Definition of FII = dividend received x 100/90
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