ABC Pty Ltd is a resident company with a tax rate of 30%. It pays a...

 

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ABC Pty Ltd is a resident company with a tax rate of 30%. It pays a $7,000 franked dividend to Bob, a shareholder. Bob is a resident who has an annual salary of $80,000. What is Bob's net tax payable or net refund for the 2021/2022 income year? 10 marks ABC Pty Ltd is a resident company with a tax rate of 30%. It pays a $7,000 franked dividend to Bob, a shareholder. Bob is a resident who has an annual salary of $80,000. What is Bob's net tax payable or net refund for the 2021/2022 income year? 10 marks

Answer rating: 100% (QA)

Heres how to calculate Bobs net tax payable or net refund for the 20212022 income year 1 Calculate B... View the full answer