Which of the following statements is incorrect?

Question 5Answer

a.

Your assessable income can include amounts that are ordinary income and statutory income.

b.

Assessable income should include ordinary income and exempt income.

c.

If you are a foreign resident (non-resident) your assessable income should include the ordinary income you derived directly or indirectly from all Australian sources during the income year.

d.

If you are a resident of Australia your assessable income includes the ordinary income you derived directly or indirectly from all sources, whether in or out of Australia, during the income year.