Explaining business taxes

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Business taxes

A business has obligations for a number of other taxes including requirements to withhold tax for employees (PAYG withholding).

  • Fact 20

    In the 1950s, some ATO personnel informally referred to the tax laws as Pig's Stew because they collected Payroll tax, Income tax, Gift duty, Sales tax, Stevedoring industry charge, Tobacco charge, Estate duty and Wool tax.

Property

Residential or business premises, land or houses.

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