Legislation Update

Company tax rate and SMEs: Enterprise Tax Plan Bill passes Senate with amendments   The Treasury Laws Amendment (Enterprise Tax Plan) Bill 2016 was passed by the Senate late on 31 March 2017 with 6 Government amendments as part of a last-minute compromise deal with crossbench Senators, primarily the Nick Xenophon Team (NXT). Of course, the Bill still needs to return to House of Reps for consideration of, and agreement to, the Senate’s amendments before they…  Read more

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