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High interest rates could drive small companies bankrupt
The companies are typically paying as much as 16 percent to borrow money, more than their profit margins of 14 percent, Cao Sy Kiem, president of the Vietnam Association for Small- and Medium-Sized Enterprises, said on Monday. 'These companies may not
Opposition calls for tax relief for small business
The federal government must provide relief to the country's 2.4 million small businesses and allow them greater flexibility in their tax returns, the opposition says. Under the current rules, the Australian Tax Office allows for a 15 per cent margin of