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Australia states for Economical Policy for Business Migrants

August 2015, 19
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The state government of Australia is in a plan to attract the foreign business migrants to establish their businesses in this country by creating a new state tax system at low-cost in order to grow its economy. During the state budget of the year 2015-16, they have improved the major taxes that benefited the effort and removed the barriers for the trade investment and development. 

In order to make Australia as the best place for doing a business, the government of that country is providing $ 670 million tax reductions by the next four years. They are also in a plan of reducing the stamp duties for business. 

The state government is going to slowly get rid of the stamp duty from next July 2016. This is to make the country as the minimum taxing state for trade ownership investment in this country. By 2018 July there will be no tax system, where the business people can purchase a business with no stamp duty. Australia stands ahead of all the countries in having no stamp duty for investing a non-residential property.

By completely abrogating these business stamp duties the government of Australia can now provide economical business investments for the business migrants those who are interested in setting up and expanding their own business in Australia. 

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