Senate debates Bills
Tax Laws Amendment (Research and Development) Bill 2013; In Committee
Kim Carr Victoria, Australian Labor Party, Shadow Minister Assisting the Leader for Science
9:22 pm
Minister, you referred to the inflated rate in this country. Can you confirm that the rate of the taxation concession in Japan is 150 per cent, in Malaysia it is 200 per cent and in Singapore it is 400 per cent on the first $400,000 and 150 per cent thereafter? Can you confirm that the rate in China is 150 per cent, in Thailand it is 200 per cent and in France it is between 160 and 180 per cent? Minister, can you confirm those figures?
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