It's very heavily taxed. On racing you've got turnover tax of about 2%, plus GST at 10% of revenue point of consumption tax at 10-15% of revenue. That's about 1/3 of potential profit going in fees/taxes, before the 30% NPAT is imposed on whatever profit remains after marketing costs, wages and IT expenditure.
. Reaper
It's very heavily taxed. On racing you've got turnover tax of...
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Last
19.0¢ |
Change
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Mkt cap ! $106.7M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.0¢ | 18.5¢ | $55.25K | 291.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 58951 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 26471 | 1 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| BBT (ASX) Chart |