Company tax cut delayed by two holdout senators

Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 4 : 28-Mar-18

The Federal Government will put its corporate tax cuts package on hold until May after failing to secure the support of Senate crossbenchers Derryn Hinch and Tim Storer. The Government had gained the support of seven crossbenchers and had hoped to pass the legislation before Easter. Meanwhile, the Business Council of Australia has launched a cross-platform campaign in support of the proposed company tax cuts, while Prime Minister Malcolm Turnbull has called upon the business sector to lobby crossbenchers to back the tax cuts.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, BUSINESS COUNCIL OF AUSTRALIA, AUSTRALIA. DEPT OF FINANCE, AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS

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