While companies should pay a fair price to use Australian resources such as minerals, household and individual purchasing power, workforce, education and intellectual property it is wrong to think that company taxes fund Australian government expenditure.
The federal government funds Australia through its creation of fiat currency. The federal government invests less or more through budget deficits and surpluses.
#auspol #mmt #Taxation #taxavoidance #companytax
https://michaelwest.com.au/corporate-tax-avoidance-who-helps-fund-australia-and-who-doesnt/
While companies should pay a fair price to use Australian resources such as minerals, household purchasing power, workforce and intellectual property it is wrong to think that they fund Australia.
The federal government funds Australia through its creation of fiat currency. The federal government invests less or more through budget deficits and surpluses.
#auspol #mmt #Taxation #taxavoidance #companytax
https://michaelwest.com.au/corporate-tax-avoidance-who-helps-fund-australia-and-who-doesnt/
Understanding the Company Tax Rate in Singapore
Dive into the details of Singapore's corporate tax rate with our detailed overview. Discover the prevailing tax rates, available exemptions, attractive incentives, and necessary compliance obligations that shape the corporate tax landscape in this prominent Asian business center.
Visit, https://www.incorp.asia/singapore/guides/corporate-tax-system/
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