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Question 9-2 by ZoeQuestion9-2The Ethical Trust is a unit trust which has net income of $120,000 in 2013/14. Thirty percent of trust income is earned from foreign sources, and seventy percent from Australian sources.Nizal has purchased units in the unit trust, and these units entitle him to $25,000 of the trust income for 2013/14. Nizal has been working overseas on a development project in Kenya since 2011 and plans to move to Peru at the end of 2014.Explain how the $25,000 would be taxed?Under s 98A(2) and (3) ITAA 36:The trustee pays tax on behalf of the beneficiary where the be