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One of the big four accounting firms has predicted a significant shake-up of stamp duty and lower-tier taxes, with "behind the scenes" discussions tipped to influence rules on a state and federal scale.
Speaking at a lunch event in Sydney, KPMG tax partner Grant Wardell-Johnson tipped the removal of stamp duty, saying it is an inefficient tax so there is significant potential for reform in this area.
Read the full story at AccountantsDaily.