Birdwatch Note Rating
2023-05-07 06:50:50 UTC - HELPFUL
Rated by Participant: C65D873C0B237FDC848C1AE7BA43D671BEEF003C53939044A78E4C1DAE91E841
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