Earlier this year, the Celtic Club Committee decided to review our then Accountant’s recommendation of a Capital Gains Tax [C.G.T.] payment of $3 million to the Australian Tax Office in 2018/19. This review resulted in us successfully submitting a reduced payment of approximately $2.5 million C.G.T. to the Australian Tax Office. This action by the Committee has improved our bottom line by $500,000, and given us more funds to spend on our Club’s development.
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