Startups could be lost to Australia under tax change, Deloitte warns

[1] Consultancy Deloitte says Kiwi entrepreneurs may move their businesses if New Zealand doesn’t rival with the Australian government’s tax incentives.

[2] Deloitte tax partner and startup specialist Darren Johnson reiterated that the incentives were lavish and signifies the government’s commitment towards innovation other than mining.

[3] With these tax incentives, Johnson believes Australia will have more capital raising which entices entrepreneurs to startup wherever and whenever they want to.

[Source] Australian Information Technology News – Startups could be lost to Australia under tax change, Deloitte warns