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A resident of Australia for tax purposes received salary of $120000, rental income of $26000 and interest income of $4000

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A resident of Australia for tax purposes received salary of $120000, rental income of $26000 and interest income of $4000 during the 2021/2022 income year. All sources of income were from Australia.

 Calculate the tax liability (disregarding any tax offsets and levies)

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Answer rating: 100% (QA)

To calculate the tax liability for a resident of Australia for the 2021 2022 income year you can fol View the full answer


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Related Book For  answer-question
Income Tax Fundamentals 2013

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: September 26, 2023 00:23:53
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