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Old 07-24-2003, 05:30 AM  
richard123
Confirmed User
 
Join Date: Mar 2001
Posts: 491
Quote:
Originally posted by sacX


if you're in this business and earning over 60k you should have a company.. because the corporate tax is much better, last I heard it was around 30% (I just know it's lower than New Zealand which is 33%)

and one thing often forgotten is sales tax.. most things you buy you're paying more tax.. GRRRRR
So... how do you get the money out from the company without paying the balance between the 47% and the 30%?

Australia tax rates are great - it makes it so profitable to avoid tax, it gives you an additional source of satisfaction
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