History of tax in Australia

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Taxes have changed and evolved over time.  Discover the changes made in the Australian tax system and explore the reasons taxes change.

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  • Fact 1

    In 1705, Emperor Peter I of Russia instituted a beard tax. Those who paid the tax were required to carry a 'beard token'. This was a copper or silver token inscribed with 'the tax has been taken' and 'the beard is a superfluous burden'.

Dividend

A share of a company's distribution paid to a shareholder.

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