Showing 1 ideas for tag "businessentity"

Can government fix it

A new small business entity

The 2015 Re:think paper discussed the virtues of a US ‘S-Corp’ type entity for SMEs in Australia.
CPA Australia is of the view that it would be appropriate for a new type of entity be introduced into our tax regime that would have some of the features similar to that of a S-Corp, such as limited liability and streaming/ flow through of income to beneficiaries, but importantly it would also need the additional feature... more »


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