AAP General News (Australia)
12-13-2008
Fed:Temporary tax initiatives to support business, jobs: Rudd
Business leaders say the two billion dollars worth of tax cut initiatives in the federal
government's latest economic stimulus plan will provide a much needed shot in the arm
for business.
The tax relief is in Prime Minister KEVIN RUDD'S four-point-seven billion dollar nation
building plan announced yesterday.
It includes a temporary investment allowance of one-point-six billion dollars and a
440 million dollar reduction in February's business tax instalments.
Announcing the plan in Canberra .. Mr RUDD said it will help create 32-thousand jobs.
GREG EVANS from the Australian Chamber of Commerce and Industry says the new plan is
a strong response to deal with current economic circumstances.
AAP RTV cb/kms/wz/ka
KEYWORD: TAX (CANBERRA)
2008 AAP Information Services Pty Limited (AAP) or its Licensors.
No comments:
Post a Comment