Original article by Phillip Coorey
The Australian Financial Review – Page: 4 : 13-Aug-18

The Federal Government remains hopeful of gaining One Nation’s support for its full company tax cuts package when it is put to the Senate in mid-August. However, sources have indicated that the government is looking at alternative options in the event that the tax package is rejected by the upper house. These include limiting the turnover threshold for the tax cuts to $500m or bringing forward tax cuts for small businesses that have been legislated. The government may also opt to abandon any tax measures that are rejected by the Senate or put them on hold until after the next election.

CORPORATES
ONE NATION PARTY, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. DEPT OF FINANCE, CENTRE ALLIANCE, AUSTRALIAN LABOR PARTY, AUSTRALIAN BUILDING AND CONSTRUCTION COMMISSION