A question for people like @[email protected] It seems some one told me that Franked Credits in a company expire and cannot be used on dividends but can be carried forward as loss. Is this correct? Lets say you have a company and it is holding ETF/LICs How are Franked Dividends treated? Lets use this example. Year 1 - Income Loss of 5k Year 2 - Income 5k dividend income and 5k capital gains, franked credits 3k Year 3 - Income 5k from divident income, franked credits 3k Would this be treated similar to an individual for franking credits? I get that there is no CGT 50% discount in a company.