Birdwatch Note Rating
2023-10-21 16:07:06 UTC - HELPFUL
Rated by Participant: 05CFA61B771C28C3535E8EC08F63AD7F99DA88A327B28B42EB7E6132AA6AB1BF
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