- May 15, 2017
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Something I have been wondering about that doesn't seem to have been mentioned in the costs estimates for the stadium are all the associated taxes. Any accountants on here that can provide a rough guesstimate of what percentage of the state government's contribution will be paid straight back to them in company tax by the contractors, income tax by the builders/workers and GST?
Very basic maths suggests quite a bit if they are contributing say 50% of the overall costs and getting back taxes on the entire project. Am I delusional in wondering if it might even come close to a wash for the state government?
Very basic maths suggests quite a bit if they are contributing say 50% of the overall costs and getting back taxes on the entire project. Am I delusional in wondering if it might even come close to a wash for the state government?