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Accounting/Tax treatment of a dividend from a Liquidated Company

What is the accounting and tax treatment for a dividend received from a company which has been liquidated?


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I'm confused was it paid

I'm confused was it paid before the liquidation or after

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The dividend was paid to the creditors after the liquidation.

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Bad debts?

I presume that the dividend relates to an old debt that had previously been provided as a bad debt. If so, I'd bring the income in as a credit to bad debts.

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Frank Investment Income

Thanks Stephen

That is correct I had written off the debt in the previous year. My only concern was because the liquidators stated that is was a dividend then should it be treated as franked investment income.

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