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Tag Archives: dividends
Changes to paying dividends
The Corporations Amendment (Corporate Reporting Reform) Bill 2010 was introduced on 26 May 2010 to repeal the profit test and replace it with a more flexible requirement. The amendment allows companies to pay dividends if: • the company’s assets … Continue reading
Henry tax review to examine company tax reduction
In a recent speech, Dr Ken Henry discussed some progress of the review into the tax system. Some of the points he raised included: • the review panel needs to seriously consider the merits of a reduction in the company … Continue reading