Labor says plan to end cash rebates for excess franking credits, and tax family trusts and high-income earners will apply from July
Labor’s proposal to raise billions by ending cash rebates for excess franking credits, and tax family trusts and high-income earners, will apply from 1 July this year if it wins the May election.
The shadow treasurer, Chris Bowen, confirmed the start date for the tax measures at the National Press Club on Wednesday in a speech promising Labor would deliver bigger and more believable budget surpluses than the Coalition.
Continue reading...from The Guardian http://bit.ly/2Vy2PKk
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