JimmyRecard
Active Member
Makes perfect sense, Any money made whether it be illegal or not is still taxable income. If you have a business and earn more then 75k then you have to pay GST 10% on the sales as every company does. Then depending on your business structure and how much it earns you have to income tax on how much is earnt after GST is paid.fuck mate that will never happen in australia to conservative.
it's bull shit to i know a cash crop grower it's his living cops busted him the the taxation department charged him tax on the money he had earned from dope. WTF! why is it no ilegal for them thats like proceeds of crime or some shit i mean i dnt give to fucks about ppl breaking the law but there a bunch of fucking hipocrites opk for them but not us?
Either way it doesnt matter if it's illegal as it's still an operating business. There is actual a label in your tax return for employment/business "drug growing" although it refers to things like tobacco, poppies etc. but it has been used for marijuana.
I think it's better. If you cash crop and dont pay tax you're stealing from the community (even though it's illegal and most people who do it dont care about tax) you should still try to contribute to your community and Australia best you can.