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The captain and vice captain of Australias Womens Waterpolo Team were awarded a bonus of $5,000 and $3,000 respectively after the team won a tournament

The captain and vice captain of Australias Womens Waterpolo Team were awarded a bonus of $5,000 and $3,000 respectively after the team won a tournament in New Zealand. With specific reference to any relevant sections of ITAA 1936 and ITAA 1997 discuss the income tax implications of these bonuses.

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