franking debits and franking credits

Chinese translation: 免税/退税额和可抵扣税额

01:49 Jun 7, 2011
English to Chinese translations [PRO]
Social Sciences - Law: Taxation & Customs
English term or phrase: franking debits and franking credits
请教一下,关于澳大利亚税务方面的franking debits and franking credits如何翻译?
网上查到,franking credits可译为股息收入已缴税金。但我不知道对应的franking debits 该如何译。谢谢!
Anderson Zheng
China
Local time: 17:46
Chinese translation:免税/退税额和可抵扣税额
Explanation:
Franking credits

A credit in the franking account is called a franking credit (previously known as imputation credit). The amount of the credit is equal to the amount of tax paid. A franking credit arises when a corporate tax entity:

makes a payment of a PAYG instalment or income tax where there is a liability to pay the amount
receives a franked distribution, or
incurs a liability for franking deficit tax.

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Franking debits

A debit in the franking account is called a franking debit. A franking debit will arise when a corporate tax entity:

receives a refund of income tax
makes a franked distribution
under franks a distribution (that is, the corporate tax entity makes a distribution with a franking percentage that is less than the entity's benchmark franking percentage for the franking period)
ceases to be a franking entity (to eliminate any franking surplus in the franking account)
makes a linked distribution - where a distribution by one entity is substituted for a distribution of another
issues tax-exempt bonus shares (instead of making a distribution)
streams imputation benefits to members most able to benefit from them
pays a distribution under the rules governing payments and loans to a shareholder (Division 7A of Part III of the Income Tax Assessment Act 1936), or buys back a share on-market.
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betterlife
China
Local time: 17:46
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4免税/退税额和可抵扣税额
betterlife


  

Answers


8 days   confidence: Answerer confidence 4/5Answerer confidence 4/5
免税/退税额和可抵扣税额


Explanation:
Franking credits

A credit in the franking account is called a franking credit (previously known as imputation credit). The amount of the credit is equal to the amount of tax paid. A franking credit arises when a corporate tax entity:

makes a payment of a PAYG instalment or income tax where there is a liability to pay the amount
receives a franked distribution, or
incurs a liability for franking deficit tax.

---------------------------------------------------------------------
Franking debits

A debit in the franking account is called a franking debit. A franking debit will arise when a corporate tax entity:

receives a refund of income tax
makes a franked distribution
under franks a distribution (that is, the corporate tax entity makes a distribution with a franking percentage that is less than the entity's benchmark franking percentage for the franking period)
ceases to be a franking entity (to eliminate any franking surplus in the franking account)
makes a linked distribution - where a distribution by one entity is substituted for a distribution of another
issues tax-exempt bonus shares (instead of making a distribution)
streams imputation benefits to members most able to benefit from them
pays a distribution under the rules governing payments and loans to a shareholder (Division 7A of Part III of the Income Tax Assessment Act 1936), or buys back a share on-market.


    Reference: http://www.ato.gov.au/businesses/content.aspx?doc=/content/4...
betterlife
China
Local time: 17:46
Native speaker of: Native in ChineseChinese
PRO pts in category: 4
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