regarding Patent Box from the budget.
- taken from Yahoo finance budget summary
........
If you’re an innovative genius…
The Government is creating something called the “patent box”, which will tax patents created by the Aussie medical and biotechnology sectors at the concessional corporate tax rate of 17 per cent, which is “almost half the rate that applies to large companies,” according to Frydenberg.
Why IMU is a multi multi bagger, page-1184
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