Tax News & Articles

Author: WebbMartinConsulting

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Search in posts

BREPI and an Equipment Leasing Company

Is a company that carried on an active equipment leasing business, with a turnover under $50 million, considered a base rate entity and therefore eligible for the lower corporate tax rate? Determining this mainly revolved around whether its base rate entity passive income was more than 80% of its assessable income for the year. Read on for more details.

Read article


Follow Us

Want the latest articles sent straight to your inbox?
Sign up to The Assessment e-newsletter

Do you have a tax question? Contact us today.