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TAX1501 Assignment 7 Due 15 November 2024
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NISA2. 15°
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ii Assessment 7
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question l
Which of the following is not regarded as carrying on a trade?
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O a. Working in the banking sector and earning a salary.
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Investing in foreign shares and earning dividend income.
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0 c. Running a boutique company and selling fashionable clothing.
O d. Renting out an investment property and earning rental income.
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