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

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Accounting

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: an individual subject to the top marginal tax rate; an individual with marginal tax rate of 19%; a company with other assessable income of $8,000, and a carried forward loss of $12,000; a company with other assessable income of $9,000 and deductions of $16,000; and a partnership with two resident individual partners sharing equally partnership profits or losses

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