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Question 7.4 A major public company lends its top executives $10,000 each to enable them to purchase shares in the company. The loan is interest-free
Question 7.4 A major public company lends its top executives $10,000 each to enable them to purchase shares in the company. The loan is interest-free and the shares are ordinary shares on which fully franked dividends will be paid. What FBT implications is there is respect of this arrangement? (7.51pm) What difference would it make if the loan were for a swimming pool
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