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As a Taxation and Financial Expert, What Taxation-Related Issues Are

Question 24

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As a taxation and financial expert, what taxation-related issues are relevant regarding investment returns in the form of income and / or capital gains when discussing the investment selection process with your clients? That is, how are income and capital gains taxed differently pursuant to the ITAA97? In addition, provide your clients with some general investment advice regarding the likelihood / risk of generating income / capital returns.

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