Australia's largest stock trading and investment forum Australia's #1 stock forum

NG on housing, capital gains tax discount, multi national tax avoidance, page-5

First 5 Last

Share
Profile

Follow
denk12

7,449 Posts.

1

20/02/17

07:10

Post #: 22737809
Share

Originally posted by happypunter ↑

USA aiming for 15% corporate tax rate, UK aiming for 17%, Ireland 12%, Canada aiming to lower, Singapore and Hong Kong already very low.........these countries will pull in vital foreign investment from the global corporate players and CREATE REAL AND HIGH QUALITY JOBS for their people.

Meanwhile Australia stuck at 30% will become more of a backwater not only struggling to attract new investment but see a lot of it pulled out and moved to more competitive locations like those above.

Maybe we can still create jobs as waiters for our young people serving foreign tourists

Expand

... and behind that 30% is the 47% individual tax, that'll nail you every time you touch your money tied up in an overtaxed corporation.

No hope.
1 Upvote

Reply

Top Stories

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Most investors will get this earnings season wrong. Will you?

RNU

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

SGQ

St George banks $5M from placement to ramp up Araxá Rare Earths Project

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

ASE

Astute delivers high-grade lithium hits at Red Mountain

FTL

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

First 5 Last

SPONSORED BY