THOMSON REUTERS Principles of Taxation Law 2015 CHAPTER 21 - COMPANIES AND SHAREHOLDERS Question 21.1 A resident company pays a fully franked dividend of $700 to a resident shareholder. Advise the income tax implications of the shareholder if it is: (a) an individual subject to the top marginal tax rate; (b) an individual with marginal tax rate of 15%; (c) a company with other assessable income of $8,000, and a carried forward loss of $12,000; (d) a company with other assessable income of $9,000 and deductions of $16,000; and (e) a partnership with two resident individual partners sharing equally partnership profits or losses