Task Question 1 Henry, a tax resident of Australia, was a famous jazz singer who passed away recently. Jack, a publisher was interested on Henry’s life story and wanted to write a bibliography on Henry’s life. Jack approached Henry’s wife,

| November 30, 2018

Task Question 1 Henry, a tax resident of Australia, was a famous jazz singer who passed away recently. Jack, a publisher was interested on Henry’s life story and wanted to write a bibliography on Henry’s life. Jack approached Henry’s wife, Jenny (also a tax resident of Australia) to interview her on Henry’s life story. She was offered $1 million for Henry story. Jenny was paid $500,000 deposit before the interview. After the interview she was paid the balance of the money. Would the tax conseque …

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