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- Title
Government Consults on Tax Reforms for Shipping Industry.
- Abstract
The article reports that the Australian Department of Infrastructure and Transport under Minister Anthony Albanese is seeking comments from the shipping industry relative to the proposed tax reforms to begin on July 1, 2012. It says that Australian Minister Albanese explained that the proposals were designed to promote investment in shipping and ownership of ships and ship operations. It outlines the reforms on income tax exemption, accelerated depreciation rate, and refundable tax offset.
- Subjects
AUSTRALIA; TAX reform; MARITIME law reform; MARITIME shipping; ALBANESE, Anthony, 1963-; AUSTRALIA. Dept. of Infrastructure &; Transport
- Publication
Australian Maritime Digest, 2012, Issue 210, p6
- ISSN
2201-6996
- Publication type
Article