Treasury boss backs company tax cuts

Original article by David Uren
The Australian – Page: 5 : 1-Mar-18

Treasury secretary John Fraser appeared before the Senate economics committee on 28 February, arguing the case for the Federal Government’s corporate tax package. He warned that Australia will have one of the highest company tax rates among developed nations following tax cuts in the US, the UK and France, and its international competitiveness will be adversely affected if across-the-board company tax cuts do not proceed. Meanwhile, Treasury adviser Michael Kouparitsas refuted Labor’s claim that foreign investors would be the main beneficiaries of the tax cuts.

CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. SENATE STANDING COMMITTEE ON ECONOMICS, AUSTRALIAN TAXATION OFFICE

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