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Oz Ltd is an Australian resident company that sells various goods. For the year ended 30 June 2019, sales of the company were $30,000,000. The...

  1. Oz Ltd is an Australian resident company that sells various goods. For the year ended 30 June 2019, sales of the company were $30,000,000. The company also received interest income of $1,500,000. Deductions associated with the business were $13,000,000.
  2. Calculate the company's tax liability for the year ended 30 June 2019. 
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