Treasurer indicates Labor may be prepared to stop poker machine and betting companies from accessing tax concessions for R&DFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcast The treasurer, Jim Chalmers, has raised the prospect of stripping gambling companies of their access to government research tax concessions after Australian Tax Office figures showed they had claimed almost $90m in a single year.Chalmers was asked at a news conference on Monday if he had a view about poker machine and betting companies being allowed to claim government tax credits for research and development. Continue reading…
Source link : https://www.theguardian.com/australia-news/2024/oct/28/chalmers-says-its-problematic-gambling-companies-claimed-90m-worth-of-research-tax-credits-in-one-year
Author : Karen Middleton Political editor
Publish date : 2024-10-28 02:10:43
Copyright for syndicated content belongs to the linked Source.
Chalmers says it’s ‘problematic’ gambling companies claimed $90m worth of research tax credits in one year
