The Australian income tax system on specially company ownership structure link between investors, tax liability and the corporation ownership of listed companies by ASIC.
There is issue that the higher proportion of share and superannuation fund in company which is fully franked dividends which is specially hold by resident taxpayers, corporate associations and company.
As a result, Foreign investors that pay either unfranked or partially franked dividends, to other company in case of foreign investors hold a higher portion of shares in companies. The Non- resident investors also called foreign investors for tax purposes.
Finally, there’s some evidence that resident tapayer investors preserve a significantly higher percentage of stocks in capital appreciating, in place of dividend paying, companies, which is constant with resident individuals seeking to utilize the tax concessions they are afforded on long-time period capital gains.