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Budget for 2007/08 – details

|Proposed Changes|Australia
Australia

The Budget for 2007/08 was presented by the Treasurer on 8 May 2007. Details of the Budget, which unless otherwise indicated will apply from 1 July 2007, are summarized below. This budget is the last pre-election budget, which is reflected in many of its announcements.

Direct taxation

(a)   Corporate taxation. The changes include:
-   one of the most …

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