Birdwatch Note Rating
2023-05-07 03:58:19 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 26AF74E21600869FB92B340713865A544847213B694B639555CC0A5A171EDD63
Participant Details
Original Note:
"The policy underpinning Australia’s tax laws generally means that Australian companies only pay tax on their Australian profits (active and passive) and their foreign passive profits." Australian companies pay on profit not income. Further information: https://www.ato.gov.au/general/tax-and-corporate-australia/tax-is-not-simply-30--of-profit/
All Note Details