Small business tax cuts miss the point

Original article by Ronald Mizen
The Australian Financial Review – Page: 7 : 30-Aug-18

Prime Minister Scott Morrison recently signalled that the small and medium business sector will be the focus of his government’s company tax policy. However, Jeremy Thorpe of PricewaterhouseCoopers argues that tax cuts for the small business sector should not be a priority as such businesses generally do not need to be globally competitive. Grant Wardell-Johnson of KPMG agrees, noting that large companies deliver the great economic benefit from tax cuts.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, PRICEWATERHOUSECOOPERS AUSTRALIA (INTERNATIONAL) PTY LTD, KPMG AUSTRALIA PTY LTD, ERNST AND YOUNG, AUSTRALIAN LABOR PARTY

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