Sun, 06/02/2011 - 02:36 — hh01
Australia offers a wealth of investment opportunities for foreign businesses and individuals. Understanding how Australia’s tax system works can make things a whole lot easier for anyone thinking about investing their money down under, starting a business or purchasing property.
The Australian tax system
In Australia, income tax is levied on salaries and wages, investment income such as interest, dividends and rent, income from business and capital gains.