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Question 4 1 Point Companies cannot claim deductions for the payment of dividends A True as long as the company pays the dividend in two instalments not less than six months apart B False False unless the dividend is franked D True Question 5 1 Point The transfer of a trust's corpus from settlor to trustee is a CGT Event A False B True as long as the trustee signs a waiver guaranteeing that the settlor is not liable for any debts incurred by the trust (C) True D) Only if the corpus is valued at greater than $5,000 Question 6 1 Point Trustees may distribute tax losses to beneficiaries . Yes because beneficiaries are equitably entitled to receive the tax benefit of trust losses B False True (D) Only if the trust deed permits trustees to distribute tax losses to beneficiaries Question 4 1 Point Companies cannot claim deductions for the payment of dividends A True as long as the company pays the dividend in two instalments not less than six months apart B False False unless the dividend is franked D True Question 5 1 Point The transfer of a trust's corpus from settlor to trustee is a CGT Event A False B True as long as the trustee signs a waiver guaranteeing that the settlor is not liable for any debts incurred by the trust (C) True D) Only if the corpus is valued at greater than $5,000 Question 6 1 Point Trustees may distribute tax losses to beneficiaries . Yes because beneficiaries are equitably entitled to receive the tax benefit of trust losses B False True (D) Only if the trust deed permits trustees to distribute tax losses to beneficiaries

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