Exchange Currency

franked income

Income from one U.K. company to another that is typically distributed as a dividend and is received as a tax free distribution by the firm that is receiving it. The purpose of this is to avoid double taxation of corporate income.

Related information about franked income:
  1. Franked Income Definition | Investopedia
    ... by one U.K. company to another. This income is often distributed in the form of dividends. The idea behind franked income is to prevent double taxation.
     
  2. Franked Income - Financial Dictionary - The Free Dictionary
    In the United Kingdom, a dividend issued with a tax credit attached to it. Franked income exists in order to avoid double taxation of dividends. The amount of the ...
     
  3. Franked Income - The Free Dictionary
    (Economics, Accounting & Finance / Banking & Finance) (formerly) dividends from one UK company received by another on which the paying company had paid ...
     
  4. What is franked income? definition and meaning
    Definition of franked income: Income from one U.K. company to another that is typically distributed as a dividend and is received as a tax free distribution by the ...
     
  5. Franked Income: Definition from Answers.com
    Franked Income After-tax investment income that is distributed by one U.K. company to another. This income is often distributed in the form of dividends.
     
  6. franked income : defined at Finance Glossary
    franked income : Dividends, paid by UK companies to other companies (for example, investment trusts), with a tax credit reflecting the fact that the company ...
     
  7. FRANKED INCOME FUND (THE) FIF - Company Profile and Status ...
    FRANKED INCOME FUND (THE) FIF deListed provides company details, current status, previous names, news and events.
     
  8. Dear Shareholder 6 July 2001 CAPITAL GAINS TAX - THE ...
    Jul 6, 2001 ... The Franked Income Fund (FIF) optionholders were advised in documentation sent to them in March 2001 that they could incur a capital gains ...