Birdwatch Note Rating
2023-05-07 06:02:27 UTC - HELPFUL
Rated by Participant: B712F5E7F38EB37CECE09272951890C56ECEEFFB98AFC8A9D681EF19E04788C0
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