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Hingdog

23,723 Posts.

1501

01/06/22

18:03

Post #: 61761751
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Originally posted by SonicBlast ↑

Your telling us you are adroit with money but you pay 47% tax.

25%

Base rate entity company tax rate. From the 2021–22 income year, companies that are base rate entities must apply the25%company tax rate. The rate was previously 27.5% from the 2017–18 to 2019–20 income years and 26% in the 2020–21 income year.

Changes to company tax rates | Australian Taxation Office

And...
The Role of Federal Governments is what?
I believe it is the Role of State Govts to do everything the Federal Govt does now. And that includes Borders. But we have a Federal Tax system based on what? Financing Infrastructure? Why should I pay for the Ord Dam. I dont use it.

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I am well aware how the tax system works, thanks
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