'Transcribed image text

QUESTION 7 With reverence to relevant legislation deternvno would be cons.'dered as res.'dents for tax purr.oses the 2020'2' tax year. a) Sonya Pry Ltd was ncorporated in t he 2001 and operated a n the year. (2 marks) 12 Save b) Jerome is an Indian c.twen who own', a n New jet in Austral.a on 1 June 2021 and rs emp40yed an 9 Internationa' accounting firm. He complete a month period of at the Sydney office on 30 November 2021, (3 marks) c) Barry was born in the UK and has exprcv,'y he hae: nn on of staying in Australia in the 2020/21 year he has opened several bank accounts. bought a car and has taken out a 2 year lease on a shop a above the shop. He has been running thc shop and tn (he fiat (4 marks) d) Bill was born in Austral'S Hc owns and live. In a proporav In Adelaide. He also owns a rental property in Brtsbane. Hts occupation as an actor resulted in him spending only days in Australia during the year ended 30 lune 2021 and he always returns to Adela'dc after his acting (3 marks)