Copyright

Copyright

© Australian Taxation Office for the Commonwealth of Australia, except where indicated otherwise. Excluding material acknowledged to other sources, you are free to copy, adapt, modify, transmit and distribute material as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products). Material acknowledged to other sources can be used for non-commercial educational purposes only.

 

  • Fact 16

    The monetary cost of World War II was ten times the cost of World War I. Raising revenue via taxation became a vital part of Australia’s war effort.

Risk

The chance of loss on a financial investment.

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