Describe how the existing system of dividend imputation operates, and the reason for its introduction in the 1980s. Then identify and explain Labor’s proposed reforms to the dividend imputation system. (Labor’s Policy)

| November 30, 2018

Describe how the existing system of dividend imputation operates, and the reason for its introduction in the 1980s. Then identify and explain Labor’s proposed reforms to the dividend imputation system. (Labor’s Policy)
In your response you should refer to relevant legislation and tax rulings, and identify which taxpayers benefit under the current system; and whether (and if so, how) these taxpayers will be affected under Labor’s Policy

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