Question
during the year ended 30 june 2020 xyz pty ltd, a resident australian private company, received interest income of 3780 and a frank dividend of
during the year ended 30 june 2020 xyz pty ltd, a resident australian private company, received interest income of 3780 and a frank dividend of 8600 with 3640 of attached franking credit. XYZ pty ltd has allowed interest deduction of 5120. company pay income tax rate of 30%. required: what is XYZ ltd net tax to pay or refund?
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Study Guide With Working Papers, Chapters 1-9 For Heintz/Parrys College Accounting
Authors: James A. Heintz, Robert W. Parry
21st Edition
1285059379, 9781285059372
