Reworked tax package to include personal cut

Original article by David Uren
The Australian – Page: 2 : 12-Jan-18

The Australian Labor will again vote against a bill to reduce the tax rate for all companies if it is reintroduced to the Senate. Shadow treasurer Chris Bowen argues that there are greater priorities for the Budget. Financial Services Minister Kelly O’Dwyer has urged Labor to support the legislation, which will return to the Senate when parliament resumes in February. There is speculation that both company and personal income tax cuts will feature in the May 2018 Budget if the upper house rejects the legislation again.

CORPORATES
AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF FINANCE, AUSTRALIA. DEPT OF THE TREASURY, NICK XENOPHON TEAM

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