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Tag Archives: taxes

Major Australian firms pay more in political donations than taxes

The corporate tax rate in Australia is 30 percent. However, deductions available to companies reveal a legal loophole allowing companies to pay much less. The country’s corporate giants, including energy enterprise Chevron Australia Holdings and car parks operator Wilson Parking Australia 1992, paid little or no tax in the last …

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Taxes assume reciprocity

Already 45% of Russians consider it possible not to pay taxes. It is not going to condemn those for whom self comes to the body. It’s simple: taxes assume reciprocity. That is, I pay and in return something get. Important: do not baton on the head. For example, have the …

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Raising taxes will not. VAT will remain at 7 per cent. In Singapore

The government of Singapore has cancelled the VAT increase due to the outbreak of coronavirus. Deputy Prime Minister of Singapore also reported that some sectors of the economy will receive tax benefits in connection with the losses from the epidemic. SINGAPORE, February 18. /TASS/. The Singapore government has postponed plans …

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