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  3. 21.1 a resident company pays a fully franked divid

21.1 A resident company pays a fully franked dividend of $700 to a resident shareholder....

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Accounting

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 19%;
(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.

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