Birdwatch Note Rating
2023-05-07 04:33:56 UTC - HELPFUL
Rated by Participant: 0A0F9C6784BC2A558F2BDD139FBE4D35E91996BEEFD9C52419EA26DE930EED17
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