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by nmfisher
2047 days ago
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In Australia, it’s not so much deductions (home office, car, computer, phone, etc), as much as absurdly legal practices like “distributing” income to your family. This means you can divvy up your income so it’s taxed at each family member’s marginal rate (rather than your own top-line consolidated rate). That might sound reasonable, until you realize that those family members never see that money. The “distribution” is a complete fiction. I’m usually fairly conservative when it comes to taxes, but I’m astonished this is allowed to continue. |
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