CANBERRA – In an effort to reduce Australia’s reliance on mineral resources, the national government hopes to spur the growth of innovative business by offering lucrative tax breaks to angel investors.
In a press conference on March 15th the Prime Minister of Australia Malcolm Turnbull announced that within a matter day the government will introduce new tax incentives of up to AUD 200 000 to investors into innovative startups.
Image: http://www.taxationinfonews.com
