The Australian Taxation Office June 17 posted the 2025-2026 individual income tax rates and taxable income thresholds for resident taxpayers. The marginal rates: 1) range from 16 percent on taxable income from A$18,201 (US$11,650) to A$45,000 (US$29,126), to 45 percent on taxable income exceeding A$190,000 (US$122,977); and 2) don’t include the 2 percent Medicare levy. [Australia, Australian Taxation Office, 06/17/25]
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