Font 6.5 Which of the following statements in relation to goods and services tax (GST) is LEAST correct? A. GST is a consumption tax. B. GST is levied on the income of a taxpayer. C. GST is a tax on final consumption. D. GST is similar to value added taxes applied in other countries. Click or tap here to enter text. 6.6 An individual taxpayer makes a capital loss of $5,000 on the sale of a rare manuscript and a capital gain of $4,400 from the sale of BHP shares that they held for 6 months. What is the net capital gain for the financial year? A. A net capital gain of $4,400 B. A net capital loss of $600 C. A net capital loss of $9,400 D. A net capital gain of $4,500 Click or tap here to enter text. 6.7 Kate, an Australian resident individual for taxation purposes, received an unfranked cash dividend of $7,000 from Unity Ltd on 25 June 2019. What amount should she include in her assessable income as a result of receiving the dividend? A. $3,000 B. $4,000 C. $7,000 D. $10,000