News

The Super Profits Tax



22 June 2010

Professor Michael Dirkis says it's possible that Treasury views the tax on the resource industry as a trial for applying it to all companies, in an article in today's edition of The Australian.

"The commonality is that you're looking at a normal return on capital as being the government bond rate and that profits beyond that should be taxed."

View the entirle article - Henry urges wider profits tax - The Australian


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