So that the > 80% foreign owned miners don't have to pay MRRT, business has given up a 10,000 instant write off, removed accelerated depreciation on motor vehicles, removed the loss carry back of up to $1,000,000 and will increase lending costs by jacking up the interest witholding tax on financial institution.
I hope the foreigners do well with their gain. Good to see our local businesses so willing to help out those in need.
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- business start paying for 80% foreign miners
business start paying for 80% foreign miners
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