Talk:Australian dividend imputation system

Unsourced and possibly incorrect content

Regarding the following sentence: "More specifically, it [dividend imputation] is intended to create a "level playing field" by taxing the same activity in the same way, irrespective of the business structure being used, namely a company or trust, sole trader or partnership."

This does not seem correct to me because of the fundamental difference between a partnership (no separate legal identity from the owner) and a company (intentionally a separate legal entity, subject for example to tax as a separate entity). Also:

• There is no reference as to the source of this information.
• A Google search reveals that this text is pasted in lots of places around the Internet, some of which are using it to make political points. I saw nowhere were it was referenced (except in some places back to Wikipedia).
• Despite a reasonable effort I could not find any other information which makes this point (aside from the unreferenced direct copies mentioned above).
• This is a very contentious point in Australia at the moment, because whether it is true or not (and I'm pretty sure it is not) affects how one views the dividend imputation policy taken by Labor to the recent election.

It seems to me that for the above reasons this sentence should be removed, but I thought I'd post this comment first to see if anyone can provide a source or otherwise provide evidence one way or the other.

Update 21/5/2019: Removed the sentence after not receiving any feedback.