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Which statement is correct regarding the source of business income? Which statement is correct regarding the source of business income? O a. Business income is

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Which statement is correct regarding the source of business income? Which statement is correct regarding the source of business income? O a. Business income is sourced according to the citizenship of the parties involved O b. Business income is always sourced in Australia if one of the parties is Australian O c. Business income sources are determined purelyAby common law principles O d. Business income is sourced according to the place of trading and where any contract was made Which of the following does not constitute ordinary income? Which of the following does not constitute ordinary income? O a. Cash taken by bank robbers from a bank. O b. The gift of a free round of golf at an exclusive golf club received by accountants in exchange for tax advice to grateful clients. O c. $5,000 received by a professional gambler from the casino after winning at poker machines. O d. none of these are correct

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