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The estate of John Smith had $10,000 of net trust income in the 2017/18 income year to which no beneficiary is presently entitled. John smith
The estate of John Smith had $10,000 of net trust income in the 2017/18 income year to which no beneficiary is presently entitled. John smith died 5 year ago. The tax payable by the trustee for the 2017/18 income year should be:
Select one:
a. Nil
b. $3,000
c. $5,000
d. $1,900
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