XYZ Pty Ltd is a foreign resident company. It receives a $28,000 fully franked dividend...
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Accounting
XYZ Pty Ltd is a foreign resident company. It receives a $28,000 fully franked dividend from United Forces Pty Ltd, a resident company for tax purposes.
What is the tax offset available to XYZ Pty Ltd in respect of the fully franked dividend?
$12,000
$40,000
$6,000
Nil
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