QUESTION 4 1. Which one of the following statements is correct? a. In the 2023 Budget Speech it is proposed to amend paragraph 80 of the Eighth Schedule to the Income Tax Act to tax capital gains made by the trust that is awarded to foreign beneficiaries in the hands of the trust. b. In the 2023 Budget Speech it is proposed to amend section 25B of the Income Tax Act to tax income earned in the trust that is awarded to foreign beneficiaries in the hands of the trust. c. In the 2023 Budget Speech it is proposed to amend section 25B of the Income Tax Act to tax income earned in the trust that is awarded to foreign beneficiaries in the hands of the trust and to amend paragraph 80 of the Eighth Schedule to the Income Tax Act to tax capital gains made by the trust that is awarded to foreign beneficiaries in the hands of the trust. d. In the 2023 Budget Speech it is proposed to amend section 25B of the Income Tax Act to tax income earned in the trust that is awarded to foreign beneficiaries in the hands of the trust and to amend paragraph 80 of the Eighth Schedule to the Income Tax Act to tax capital gains made by the trust that is awarded to foreign beneficiaries in the hands of the founder of the trust. e. None of the above