Crossbenchers get green light to horsetrade on tax

Original article by Ben Packham, Victoria Laurie
The Australian – Page: 1 & 4 : 26-Mar-18

A report by international tax experts Jack Mintz and Philip Bazel notes that Australia’s company tax rate is currently the fourth-highest among OECD member nations. However, they warn that Australia will be ranked second within two years unless the tax rate is reduced, while the nation risks losing global capital inflows. Finance Minister Mathias Cormann says the Federal Government is open to compromises with crossbench senators Derryn Hinch and Tim Storer in return for their support for the company tax cuts bill.

CORPORATES
AUSTRALIA. DEPT OF FINANCE, ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT, UNIVERSITY OF CALGARY, MINERALS COUNCIL OF AUSTRALIA, AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS, ONE NATION PARTY

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s