Intra Group Dividends Do Not Result in a Requirement for Tax

question 7

Multiple Choice

Intra group dividends do not result in a requirement for tax effect adjustments on consolidation if:

• A) group companies are Australian
• B) the dividend is fully franked
• C) Both A and B
• D) none of the above

Know significant changes in media ownership regulations, including the Telecommunications Act of 1996.

Understand the constitutional basis for the protection of media through copyright laws and the First Amendment.

Identify the roles and functions of the Federal Communications Commission (FCC) in media regulation.

Understand the role and impact of laws such as the 1996 Telecommunications Act on media concentration and the landscape of media ownership.