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Which statement is correct? Which statement is correct? a. The ATO determines which taxpayers...

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Accounting

Which statement is correct?
Which statement is correct?
a. The ATO determines which taxpayers are residents or non-residents through its rulings program
b. A company is resident of Australia if it is incorporated in New South Wales
c. Australian residents are only taxed on Australian sourced income
d. A company, not incorporated in Australia, is not a resident of Australia even though it carries on business in Australia
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