Tax Concessions for Small Businesses in AustraliaThe taxation law has provided various special treatments to small businesses in order to relief their tax burdens. For example, tax rates for small resident businesses and CGT relief (Division 152 of ITAA97, textbook

| February 8, 2018

Tax Concessions for Small Businesses in AustraliaThe taxation law has provided various special treatments to small businesses in order to relief their tax burdens. For example, tax rates for small resident businesses and CGT relief (Division 152 of ITAA97, textbook p. 327). You are required to summarise all the tax concessions that you may possibly identify for small businesses in Australia. Please demonstrate your arguments by an example. Your essay MUST identify the relevant legislation, …

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