QUESTIONS On 10 July 2020, Tim Morris was transferred to the New York office of this company tortive years we ate memo they lived in a house owned by the company and eased the Sydney residence Whereiding in York, Kate From the con December 2020, to find the purchase of 50.000 shares in Global Art Austrian compare During the 2020/21 tax year, Kate received $10,000 as her share of rental income from the case of the van hom 2.300 mm Australia. She incurred no expenses in der the rental income, but her interest payments on the National Bank loan armed tn 15.00 Required a. Discuss Kate's residency status (s Marks) b. What are the Australian tax consequences of these transactions for Kate Morris? (3 Marks) c. Calculate Kate's assessable income, Du must refer to the relevant section numbers or cases in the legislation in each part of your answer. (6 Marks) QUESTIONS On 10 July 2020, Tim Morris was transferred to the New York office of this company tortive years we ate memo they lived in a house owned by the company and eased the Sydney residence Whereiding in York, Kate From the con December 2020, to find the purchase of 50.000 shares in Global Art Austrian compare During the 2020/21 tax year, Kate received $10,000 as her share of rental income from the case of the van hom 2.300 mm Australia. She incurred no expenses in der the rental income, but her interest payments on the National Bank loan armed tn 15.00 Required a. Discuss Kate's residency status (s Marks) b. What are the Australian tax consequences of these transactions for Kate Morris? (3 Marks) c. Calculate Kate's assessable income, Du must refer to the relevant section numbers or cases in the legislation in each part of your answer. (6 Marks)