History
Federal income tax was first introduced in 1915, in order to help fund Australia’s war effort in the First World War. Between 1915 and 1942, income taxes were levied at both the state and federal level..
Read more about this topic: Income Tax In Australia
Famous quotes containing the word history:
“The second day of July 1776, will be the most memorable epoch in the history of America. I am apt to believe that it will be celebrated by succeeding generations as the great anniversary festival. It ought to be commemorated, as the day of deliverance, by solemn acts of devotion to God Almighty. It ought to be solemnized with pomp and parade, with shows, games, sports, guns, bells, bonfires and illuminations, from one end of this continent to the other, from this time forward forever more”
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