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1) An Australian resident company who receives a dividend from a non-resident company will include the overseas tax paid in its franking account Group of
1) An Australian resident company who receives a dividend from a non-resident company will include the overseas tax paid in its franking account
Group of answer choices
True
False
2) A deficit in the franking account at year end cannot be carried forward to the next year's franking account.
Group of answer choices
True
False
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