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is there any reasons why the government can't tax overseas...

  1. 493 Posts.
    is there any reasons why the government can't tax overseas companies 40% on their profits and local companies 17%.

    surely it makes more sense to reward local companies, then to tax every company making big profits.

    maybe more of the overseas companies may sell land and mines back to australian companies, if they are charge with a 40% tax rate, creating more jobs and more profits for the country.
 
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