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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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