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An Australian company paying a 30% company tax rate pays a fuly franked dividend of $1.40 per share with an imputation credit of $0.60 por

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An Australian company paying a 30\% company tax rate pays a fuly franked dividend of $1.40 per share with an imputation credit of $0.60 por share attached. If an Austrafian investor with a marginal tax rate of 40% (induding Medicare Levy) receives this, how much addisonal personal tax would an Australian taxpayer pay? $0.50 None of these responses 50.56 80.60 $0.80

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