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Name each legislation described below. Key features Legislation Regulates the operation of business entities in Australia. Is administered by the Australian Securities and Investment Commission
- Name each legislation described below.
Key features | Legislation |
Regulates the operation of business entities in Australia. Is administered by the Australian Securities and Investment Commission (ASIC) | |
Specifies the tax payable on sales and when a business must register to claim credits for goods and services tax included in goods purchased | |
The Act is a statute used to calculate income tax assessments and provides rules for deductions for business expenses |
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