It's appropriate to discuss taxes. I don't think the level of taxation in Australia is a real impediment to tech development.
No one can dispute that for the medium level taxes that we get here the services are ok. If there is a challenge wrt taxation, it would be Australian tech firms leveraging offshore taxation systems to their advantage. I'd like to see more of that.. For example, people in Germany (from what I am told - and part of the story might have got lost in translation) is that Nokia did a fantastic deal with the German Government to start producing mobile phones there. After taking the taxation benefits, they closed shop and moved down the road and used the money to set up in Croatia or a neighbour which was an even lower taxing/wages country. Internationalising of tech is essential for survival. This means that the 'dream' of producing all our own tech locally is going to be unachievable. Simply because there are always lower cost countries to get things made in. Apple have a design in USA and make in China policy.. There's a few Aussies in Hong Kong and China.. but there's room imho for more to get involved in banging out the tech. For example, I doubt it would be too hard to set up a "Samba" factory in Schenzen China.. making "official" NAS devices. On Mon, Jan 10, 2011 at 10:29 AM, Clifford Heath <[email protected]>wrote: > I think this report may be of interest to folk here, given recent > discussion. > > Clifford Heath, Data Constellation, http://dataconstellation.com > Agile Information Management and Design > > Begin forwarded message: > > From: Spehro Pefhany <[email protected]> >> Date: 9 January 2011 11:09:39 AM >> Subject: OT: Corporate Taxation compared worldwide >> >> (from a Slate article) An excellent study by Price-Waterhouse that >> compares various aspects of taxes on a fictional small business in 183 >> different countries and regions. >> >> It's noteworthy in that they actually did use a representative small >> business (only 60 employees) for comparison, which is big enough that >> it would likely not get away without substantial levels of compliance >> that one or two person businesses might, but much smaller than the >> kind of large businesses that generate most of the attention. Best of >> all, the full report is available for free: >> >> http://www.pwc.com/gx/en/paying-taxes/pdf/paying-taxes-2011.pdf >> >> Here's a sortable table: >> >> http://www.pwc.com/gx/en/paying-taxes/data-tables.jhtml >> >> Interesting that some countries with generally higher individual tax >> rates are actually fairly easy on their businesses. >> >> Hong Kong comes in with 24.1% total tax rate, Canada at 29.2%, Israel >> at 31.7%, UK at 37.3%, the Netherlands at 40.5%,the US at 46.8% Japan >> at 48.6% and Germany at 48.2%, with China having a whopping 63.5% >> total tax rate. >> >> In ease of compliance, Hong Kong is 3rd, Canada 10th, the UK 16th, the >> Netherlands 27th, the US 62nd, Israel 82nd, Germany 88th, Japan 112th >> and China 114th. >> >> >> Best regards, >> Spehro Pefhany >> -- >> "it's the network..." "The Journey is the reward" >> [email protected] Info for manufacturers: >> http://www.trexon.com >> Embedded software/hardware/analog Info for designers: >> http://www.speff.com >> > > -- > You received this message because you are subscribed to the Silicon Beach > Australia mailing list. > > Guidelines on discussion: > http://groups.google.com/group/silicon-beach-australia/msg/351e183e1303508d?hl=en%3Fhl%3Den > > No lurkers! It is expected that you introduce yourself. > > To post to this group, send email to > [email protected] > To unsubscribe from this group, send email to > [email protected]<silicon-beach-australia%[email protected]> > For more options, visit this group at > http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en > -- You received this message because you are subscribed to the Silicon Beach Australia mailing list. Guidelines on discussion: http://groups.google.com/group/silicon-beach-australia/msg/351e183e1303508d?hl=en%3Fhl%3Den No lurkers! It is expected that you introduce yourself. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en
