Question
Henrietta works as a doctor in Sydney. She obtains advice that she can set up a company and pay tax at a flat 30 per
Henrietta works as a doctor in Sydney. She obtains advice that she can set up a company and pay tax at a flat 30 per cent rate. Her taxable income is $500,000. On 1 July, she sets up Cut Price Medical Pty Ltd and conducts her practice through the company. The company's taxable income is $500,000. Is this tax effective?
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The tax effectiveness of setting up a company for Henriettas medical practice depends on various fac...
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Financial Accounting and Reporting a Global Perspective
Authors: Michel Lebas, Herve Stolowy, Yuan Ding
4th edition
978-1408066621, 1408066629, 1408076861, 978-1408076866
