Shab Posted 2 hours ago Posted 2 hours ago 46 minutes ago, Chief Stipe said: But that isn't a tax. It is a duty which was paid at 4% of profits. Certainly not a company tax rate! How ridiculous of course it was a tax. Duty is a tax like a car is a vehicle. Quote
Chief Stipe Posted 2 hours ago Posted 2 hours ago 4 minutes ago, Shab said: How ridiculous of course it was a tax. Duty is a tax like a car is a vehicle. It is a fix duty (type of tax). The point I was making was the TAB never paid company tax on its profits. Compare that with Sky City Casino which pays a minimum of 18% GST and gaming duty BEFORE tax on company profits. Quote
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