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A group of ten investors pool their funds to purchase a suburban retail shopping centre. The ownership structure they have purchased the asset in has
A group of ten investors pool their funds to purchase a suburban retail shopping centre. The ownership structure they have purchased the asset in has limited liability, a flat tax rate but is not entitled to a concessional rate of capital gains tax. Which ownership structure did the investors use?
a. | their individual names. | |
b. | joint venture. | |
c. | unit trust. | |
d. | a company. |
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