Labor's policy to remove refundable franking credits for individuals and self managed super funds is "inequitable and deeply flawed" a parliamentary inquiry has found.
The inquiry, set up by the Coalition government and chaired by Liberal MP Tim Wilson, received 1777 submissions and has now delivered its final report recommending against the removal of refundable franking credits.
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Matthew Cranston is the United States correspondent, based in Washington. He was previously the Economics correspondent and Property editor. Connect with Matthew on Twitter. Email Matthew at mcranston@afr.com
