Quick tax test: Business tax

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After you've finished all the topics, take the test on Business tax to see if you're a tax expert.

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  • Fact 9

    The Australian Taxation Office started as the Commissioner of Land Tax in 1910 with a dozen employees. It was based in the Department of Treasury, situated in Melbourne, which was the seat of the Commonwealth Parliament until 1927.

Unfranked dividend

A share of a company's distribution paid to a shareholder on which no tax has been paid by the company.

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