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Wednesday, 21 April 1971

Senator RAE (TASMANIA) - Will the Minister representing the Treasurer explain to this chamber whether Bourkes Melbourne Pty Ltd, as a company in the retail business in Melbourne, and. the Australian Council of Trade Unions; as a partner entitled to a share of net profits from the company's business operations, are liable to pay income tax? If the ACTU does not pay tax does this create any aspect of unfair competition as between taxpaying retail companies and a business partially or wholly operated by the ACTU?


Relying on my memory, I think reference has been made to this in another place. The Treasurer made some reply pointing out the obligations for payment of tax in relation to an ordinary company or organisation. Since I am representing another Minister 1 think I would be wise to obtain the precise reply which the Treasurer gave in another place, or wherever he gave it, in response to the question. 1 shall obtain that reply and make it available to the honourable senator.

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