INDIVIDUAL ASSIGNMENT Research Proposal On 1 September 2016, the Australian Government introduced Treasury Laws Amendment (Enterprise Tax Plan) Bill 2016 that proposed to progressively reduce the corporate tax rate from 30% to 25% for all corporate entities. The Bill was subsequently amended to apply to corporate entities with an aggregated turnover of less than $25 million for the 2017–18 income year and less than $50 million for the 2018–19 income year – known as base rate en …
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