Carroll Co.is a UK resident company and it is not an Australian tax resident.It's business activities consist solely of mining operations in Australia.Carroll Co. pays dividends to its shareholders out of fund located in the UK. Craig,an Australian tax resident,receives a dividend from Carroll Co.

Which one of the following statements is most correct in relation to the source of the dividend?

The dividend has an Australiansource as it paid out of profits made in Australia.

The dividend has an Australian source as Craig is an Australian resident.

The dividend has a foreign source because it was paid from a fund in the UK.

The dividend has a foreign source since Carroll Co is not an Australian tax resident.

The source of the dividend depends on the location of the central management and control of Carroll Co.