Birdwatch Note Rating
2023-05-07 06:53:58 UTC - HELPFUL
Rated by Participant: AE5DE1A28F300E7693C1B90B8838C28812B563D519A608A49097723F9E6A4FEC
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