A resident company pays a fully franked dividend of $5,000 to a resident shareholder. Advise the income tax implications of the shareholder if it is: (a) an individual subject to the top marginal tax rate (37%) (b) an individual with marginal tax rate of 19%;

A resident company pays a fully franked dividend of $5,000 to a resident shareholder. Advise the income tax implications of the shareholder if it is: (a) an individual subject to the top marginal tax rate (37%) (b) an individual with marginal tax rate of 19%