Show the following tax reforms in order of their introduction:Dividend imputationGoods and services taxMedicare LevyFringe benefits taxCapital gains tax
Question
Show the following tax reforms in order of their introduction:
- Dividend imputation
- Goods and services tax
- Medicare Levy
- Fringe benefits tax
- Capital gains tax
Solution
To order the tax reforms correctly based on their introduction, here's the sequence:
- Fringe Benefits Tax - Introduced in 1986.
- Capital Gains Tax - Introduced in 1985.
- Dividend Imputation - Introduced in 1987.
- Medicare Levy - Introduced in 1989.
- Goods and Services Tax (GST) - Introduced in 2000.
Ordered List:
- Capital Gains Tax (1985)
- Fringe Benefits Tax (1986)
- Dividend Imputation (1987)
- Medicare Levy (1989)
- Goods and Services Tax (2000)
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