Original article by Annabel Hepworth
The Australian – Page: 19 & 23 : 28-Sep-16

The Federal Government’s bill to progressively reduce the company tax rate is being scrutinised by a Senate committee. The Business Council of Australia has used its submission to argue the case for Parliament to pass all of the tax reforms rather than restricting tax cuts to the small business sector. The Minerals Council of Australia and the Australian Industry Group also favour implementing the tax cuts in full, although the latter concedes that providing tax relief to small businesses would be better than having the entire bill reject by Parliament.

CORPORATES
BUSINESS COUNCIL OF AUSTRALIA, MINERALS COUNCIL OF AUSTRALIA, THE AUSTRALIAN INDUSTRY GROUP, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY, ACTU, AUSTRALIAN LABOR PARTY, ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT