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In the imputation system, the tax to be paid on company income when paid out as dividends is ultimately levied at: Question 15 options: shareholders
In the imputation system, the tax to be paid on company income when paid out as dividends is ultimately levied at:
Question 15 options:
| shareholders personal tax rates. |
| at both the shareholder and company tax rates |
| shareholders personal tax rate but only when it is above the corporate tax rate. |
| company tax rates |
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