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A trust has the following net income. Franked dividends - $10,000 Franking Credits - $3500 Capital gain - no discount applies - $70,000 Rental
A trust has the following net income. Franked dividends - $10,000 Franking Credits - $3500 Capital gain - no discount applies - $70,000 Rental income - $105,000 Rental deductions - $35,000 Beneficiary X is specifically entitled to franked dividends and credits and Beneficiary Y is specifically entitled to the Capital Gain. The trust income under The Division 6 trust income will be and the Division 6E trust income will be
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
