Patents for new medical and biotech developments bring tax breaks
Developing new technology could bring tax breaks for Australian companies Source: Getty
The budget reforms will reduce the corporate tax rate from 30 per cent to 17 per cent on profits from new medical and biotech patents held in Australia.
Share
Latest podcast episodes
Recommended for you
Which states get an Anzac Day public holiday this year?
public holidays
Are you on track to retire comfortably? Australia's new super benchmark released
superannuation funds
