Mei, an Australian resident individual for taxation purposes, received an un-franked cash dividend of $7,000 from Unity Ltd on 25 June 2020. What amount should she include in her assessable income as a result of receiving the dividend?

Select one:

a.$3,000

b.$4,000

c.$7,000

d.$6,000

e.$0

In relation to the definition of a dividend for tax purposes, which of the following distributions isnotincluded in the assessable income of the shareholder?

Select one:

a.A franked dividend.

b.An un-franked dividend.

c.A partially franked dividend.

d.A return of capital to the shareholder.

e.A distribution of an accounting profit.