In 1917, during World War I, the price of admission into a place of entertainment was taxed. Auditors attended race meetings, theatre and picture shows to ensure the tax was being paid. This tax was also imposed from 1942 to 1953.
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Fact 5
Tax payable
The amount of income tax required to be paid on a person's taxable income after applying any tax offsets. It does not include the Medicare levy.
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