Franked Income

Business, Legal & Accounting Glossary

Definition: Franked Income


Franked Income


Full Definition of Franked Income


Income from one U.K. company to another that is typically distributed as a dividend and is received as a tax free distribution by the firm that is receiving it. The purpose of this is to avoid double taxation of corporate income.


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Franked Income. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/franked-income/.
Chicago Manual of Style (CMS):
Franked Income. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/franked-income/ (accessed: April 19, 2024).
American Psychological Association (APA):
Franked Income. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/franked-income/

Definition Sources


Definitions for Franked Income are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.