Birdwatch Note Rating
2023-05-07 04:33:56 UTC - HELPFUL
Rated by Participant: 9888BD4CD163B0671F8B0EE6DE32D83D9013438DE3090A3C9C9D640080BDAE85
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