State what amounts will be included in the assessable income of a resident individual shareholder in respect

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State what amounts will be included in the assessable income of a resident individual shareholder in respect of the following, indicating what, if any, franking rebates would be available to that resident individual.

(a) A distribution of $150,000, received from a resident public company, carrying an imputation credit of $40,000

(b) Unfranked distribution. of $20,000, received from a non-resident listed company

(d) A distribution of $4,000, carrying an imputation credit of $1,700, received from a resident private company.

(e) How would your answers differ if the shareholder was:(i) a resident private company?

Posted Date: Oct 20, 2021 04:59 AM

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State what amounts will be included in the assessable income of a resident individual shareholder in respect

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