Greg has arranged with Westpac share registry to have his share dividend income paid into...
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Accounting
Greg has arranged with Westpac share registry to have his share dividend income paid into his student daughters (Alice) bank account to assist her financially. Does Greg declare the dividend income even though he did not receive it or does his daughter Alice declare it as she received and had control over the money?
State the legislation or rulings you are relying upon.
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