In Australia, ordinary shareholder tax rates may be above or below the company tax rate.

Name: In Australia, ordinary shareholder tax rates may be above or below the company tax rate.
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This is because the company tax rate in Australia is currently 30%, while the individual shareholder tax rates can range from 0-47% depending on their taxable income. Therefore, some ordinary shareholders may have a higher tax rate than the company tax rate, while others may have a lower tax rate.

In Australia, Ordinary Shareholder Tax Rates May Be Above or Below