Birdwatch Note Rating
2023-05-07 15:41:55 UTC - HELPFUL
Rated by Participant: 57D5BB5C611121F5B6A724E3C448E1A0F7267514F1AF016CBFCD52FC55CA3E2A
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