Which of the following statements is most TRUE? Select one:

a. The Australian government refunds any corporate tax paid by the company to the individual shareholder as a tax rebate.

b. Dividend income in Snowland is included as assessable income and is taxed according to the investors marginal tax rates.

c. In Snowland, you can claim both principal and interest payments on an investment loan as an allowable deduction if that loan was used to purchase an investment property.

d. Interest earned on savings accounts is tax free in the country of Snowland. e. If you bought an asset that went up in value by $20,000 over 2 years in the country of Snowland, then the full $20,000 should be included as assessable income.