Which of the following income of an excepted person for the purpose of division 6AA of part
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Question:
Which of the following income of an excepted person for the purpose of division 6AA of part 3 of the Income Tax Assessment Act is taxed at ordinary rates of tax?
A 17-year-old who receives interest from money banked by a grandparent
A 14-year-old who works at a supermarket when he is not at school
Investment income from property left to a 17 -year-old from the estate for a deceased person
Workers compensation received by a 17 -year-old who was injured at work
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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