Taxabull » tax receipts http://www.taxabull.com Australian Tax & Accounting news. No BS. Mon, 28 Dec 2009 23:08:28 +0000 en hourly 1 http://wordpress.org/?v=3.1 When the tax receipts come home http://www.taxabull.com/2009/09/29/when-the-tax-receipts-come-home/ http://www.taxabull.com/2009/09/29/when-the-tax-receipts-come-home/#comments Tue, 29 Sep 2009 12:17:48 +0000 taxabull http://www.taxabull.com/?p=141 Looks like someone just made a helluva tax payment.

According to CCH:

“A tax contribution by one unnamed company had a significant impact on the federal budget deficit which has come in $5 billion better than expected.

The final budget outcome for the 2008/09 year was a deficit of $27.1 billion instead of the $32.9 billion deficit forecast in the May budget.”

We wonder who this was? Telstra? Google? Oh to be a fly on the wall in the tax department and see this tax return. Let the rumours run rampant!

We love Swanny’s quote: “”Well, there was one very large one-off tax payment,”

Read the rest of it here at CCH.

Taxabull team.

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