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Senator takes issue with a section of Bill

May 16, 2024

Independent Senator Andrew Mallalieu has taken issue with a section of the Corporation Tax Top Up Bill which gives the Minister power to determine whether a business can be considered small.

He’s questioning why this is necessary, as the legislation sets out what constitutes a small business.

It states it must have at least two of the following: capital under a million dollars, and sales under two million or 25 employees or less.

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