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  • Fact 26

    The introduction of electronic lodgement of tax forms in the late 1980s not only reduced the time it took to send out returns from ten weeks to two weeks but had a significant impact on the incidence of repetitive strain injury among data processors at the ATO.

Company

A business structure that gives shareholders (owners) protection from having to pay for the debts of the company (called 'limited liability'). A company has a legal identity of its own because it has been incorporated.

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