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State what a mounts will be includedin the assessable income of a resident indiridual shareholder in respect of the following, indicating what, if any, franking
State what a mounts will be includedin the assessable income of a resident indiridual shareholder in respect of the following, indicating what, if any, franking rebates would be an nilabie to that resident individual. (a) A distribution of $150,000, received from a resident public compary, carrying animpitaticn erede of $40,000 (b) Unfranked distribution of $20,000, received from a non-esident listed compartf, (c) Unfranked distribution of 530,000 , received from a resident private compary, and (d) A distribution of 54,000 , carryirig an imputation credit of 51,700 , received from a residerit pifuste company. (e) How would your answers differ if the shareholder was: (i) a resident private company? (ii) a resident partnership? (10 marks)
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