A sole trader in Australia is taxed at: (a) The company tax rate of 30 per cent.

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A sole trader in Australia is taxed at:
(a) The company tax rate of 30 per cent.
(b) The same as the rate of capital gains tax for the owner.
(c) The owner’s marginal tax rate.
(d) Both the rates in (b) and (c) above.

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Accounting Business Reporting For Decision Making

ISBN: 9780730369325

7th Edition

Authors: Jacqueline Birt, Keryn Chalmers, Suzanne Maloney, Albie Brooks, Judy Oliver, David Bond

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Question Posted: Dec 16, 2022 02:43 AM

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A sole trader in Australia is taxed at: (a) The company tax rate of 30 per cent.

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