The Medicare Levy is imposed at a flat fee of one.five% of the individual’s taxable income, Though exemptions could possibly be presented to minimal income earners and foreign citizens. For example, by advantage of s 90, just the Commonwealth can impose customs and excise obligations, Whilst income tax is often https://masteroflawsintaxation19752.blogofchange.com/39686261/5-simple-statements-about-law300-taxation-law-assignment-summer-2018-explained