How do the tax rates compare?

In one to two pages, write about the income tax practices of Australia. As this assignment is not an exhaustive research paper, you may start with Wikipedia as your first source. Try to find an additional source of information. As you read through the materials, identify differences and similarities. How do the tax rates compare? Are there deductions to income like charitable donations or mortgage interest? How is taxable income calculated? Does the country have a value-added tax? When is the tax filing deadline?