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SAVE ANSW Question 26 points Jamie, an Australian resident, received the following income in the current year. 1.70% franked Australian dividend (company tax rate 30%)
SAVE ANSW Question 26 points Jamie, an Australian resident, received the following income in the current year. 1.70% franked Australian dividend (company tax rate 30%) $12,000 2. Wages from working in Spain for 6 months as a chef for a Spanish restaurant (foreign tax of A$8,000 had been deducted) $33,000 3. Interest on a term deposit with a Swedish bank (10% withholding tax had been deducted) $3,600 4. Other Australian sourced income $24,000 What would Jamie's assessable income be for the current year ended 30 June 2020? Explain your treatment of each of the four items. SAVE ANSW Question 26 points Jamie, an Australian resident, received the following income in the current year. 1.70% franked Australian dividend (company tax rate 30%) $12,000 2. Wages from working in Spain for 6 months as a chef for a Spanish restaurant (foreign tax of A$8,000 had been deducted) $33,000 3. Interest on a term deposit with a Swedish bank (10% withholding tax had been deducted) $3,600 4. Other Australian sourced income $24,000 What would Jamie's assessable income be for the current year ended 30 June 2020? Explain your treatment of each of the four items
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