Franked and Free market: Difference between pages

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1. ''Tax''
''Economics.''


In relation to income, franked income is income which has already been subject to tax, for example corporation tax paid by a dividend-paying company, and this payment is recognised in taxing the franked income received.
A free market is an economy - or part of an economy - where resources are allocated by the market by means of the market mechanism.


 
Relatively free markets are an essential element of capitalism.
2. ''Money laundering''.
 
In relation to money laundering, franked (or clean) money is money which has been derived from legitimate sources.
 
 
:<span style="color:#4B0082">'''''Making illegal gains look clean'''''</span>
 
:"Money laundering is an activity that takes place following a criminal act... to make illegal monetary gains look like franked - or clean - money, which the criminal can then use safely and without detection."
 
:''The Treasurer, August 2018, p36.''




== See also ==
== See also ==
* [[Corporation Tax]]
* [[Capitalism]]
* [[Dividend]]
* [[Competition]]
* [[Imputation system]]
* [[Efficient market]]
* [[Money laundering]]
* [[Fair market]]
* [[Four freedoms]]
* [[Fully planned economy]]
* [[Market mechanism]]
* [[Mixed economy]]
* [[Orderly market]]
* [[Regulation]]
* [[Thatcherism]]


[[Category:The_business_context]]
[[Category:Corporate_finance]]
[[Category:Long_term_funding]]

Latest revision as of 15:11, 24 February 2022

Economics.

A free market is an economy - or part of an economy - where resources are allocated by the market by means of the market mechanism.

Relatively free markets are an essential element of capitalism.


See also