- Sep 21, 2009
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Now, I don't want to jump to conclusions.Your comment on international tax is very important. Our tax laws actually promote Australians and Australian businesses to become non-tax residents.
So much so, it is difficult to gain foreign investment in some industries here in Oz unless you restructure overseas.
It would take 15 minutes to fix the tax laws and simply tax residents and non tax residents the same on interest, CGT, royalties etc.
And I'm sure you know better...
But I have to ask, do you think a flat tax/gst would be the best option for Australia?