Question 6 1 points SAVE ANSWER Which of the following is NOT correct regarding taxation in Australia? . Australian companies have greater incentives to initiate dividends and raise existing dividend payouts under the imputation tax system OB. Franking credits can be used to offset the investor's other sources of taxable income. OC. Under the classical tax system, a company's profits were first taxed at the company tax rate, and dividends paid were taxed again at the investor's marginal tax rate. OD. The imputation tax system allows double taxation of dividends. Moving to another question will save this response. Question 6 of 75