Original article by Ben Potter
The Australian Financial Review – Page: 4 : 10-Jun-16
Catcha Group founder Patrick Grove has indicated that the corporate tax rate was a key factor in his decision not to relocate some of his Malaysia-based business empire’s operations to Australia. He adds that the corporate tax rate meant Australia was ruled out when he was considering shifting Catcha’s headquarters to a global city several years ago. The Federal Government intends to reduce the tax rate for all companies to 25 per cent over the next decade.
CORPORATES
CATCHA GROUP, IFLIX LIMITED, IPROPERTY GROUP LIMITED, ICAR ASIA LIMITED – ASX ICQ, ENSOGO LIMITED – ASX E88, REA GROUP LIMITED – ASX REA, NETFLIX INCORPORATED, AUSTRALIAN LABOR PARTY, ANDERSEN, TECHNOLOGY ONE LIMITED – ASX TNE, ONESHIFT PTY LTD, POWEREDLOCAL