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Taxation Law and Practice (Australian Taxation) Mary received the following dividends during the 2021 income year from publicly listed entities that were taxed at 30%:
Taxation Law and Practice (Australian Taxation)
Mary received the following dividends during the 2021 income year from publicly listed entities that were taxed at 30%:
$20,000 which was fully franked.
$3,000 which was 50% franked.
$10,000 which was unfranked.
Calculate Mary's assessable income on the assumption that the above income is her only income and she is an Australian resident.
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