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Two-tiered corporate tax ‘distorts’ business Save Share Business tax advisers have endorsed a criticism by the Organisation for Economic Co-operation and Development that Australia’s two-tiered corporate tax system is distorting how businesses grow and structure their operations. The OECD in a report published on Wednesday said that the “high” 30 per cent corporate rate for large businesses should be aligned with the 25 per cent rate for small and medium enterprises (SMEs) turning over less than $50 million, because a two-rate system “risks distorting how firms a...

Back in January, The Bachelorette winner Zac Clark ran a 5K with his fiancée, Tayshia Adams. Now, Clark is back with a different kind of feat: running four miles every four hours for 48 hours—also known as the Goggins Challenge. The 37-year-old initially wanted to take place in the challenge hosted by The Maddie Project—a charity in association with North York General Hospital that focuses on youth mental health—from March 5 through 7 of this year, but he couldn’t because of scheduling conflict. However, since reading David Goggins’s Finding Ultra in 2020, Clark has been toying w...