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Soaring commodity prices generate company tax windfall

A company tax bonanza generated by soaring commodity prices may bring the 2016-17 federal budget deficit below $30 billion for the first time since the Coalition gained power in 2013.

Soaring commodity prices generate company tax windfall
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Company and superannuation taxes have raised $79.8bn over the past financial year, a 21.8 per cent increase on 2015-16.

Read the full story at the Australian.

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