Yes, there are millionaires who pay no tax, but crimping deductions mightn't help
- Written by The Conversation
For some people tax time will result in no tax paid this year, and if past years are anything to go by, about 50 of them will be millionaires.
Not mere millionaires, but millionaires earning more than A$1 million per year.
For some of these 50 or so very high earners, managing tax will be expensive. The two dozen or...
Read more: Yes, there are millionaires who pay no tax, but crimping deductions mightn't help