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The standard VAT (Value Added Tax) rate is 20 per cent and a reduced rate of 10 per cent applies to books and medicines.
The corporate tax of 22 per cent applies.
Increased trade creates more Australian jobs and delivers more opportunities for Australian businesses. Find out about how you can take advantage of Australia's North Asia Free Trade Agreements (FTAs).
The Export Market Development Grants (EMDG) scheme can reimburse up to 50 per cent of eligible export promotion expenses above $5,000.
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