delete War-time (Company) Tax (Statutory Percentage) Regulations (Amendment)
Amends company tax regulations to apply statutory percentage tax during wartime, likely to address economic constraints during conflict periods.
The regulation is obsolete as wartime scenarios are no longer relevant. Its original purpose (addressing economic constraints during conflict) is no longer applicable, and it imposes unnecessary compliance costs without current benefits. The regulation's existence creates administrative burden without demonstrable value to Australia's prosperity or competitiveness.