Punishing company tax regime on par with Third World

Original article by David Uren, Chris Griffith
The Australian – Page: 1 & 2 : 16-Jan-19

A new report from the OECD shows that France is the only developed nation with a higher company tax rate than Australia at present. However, the French government intends to reduce its corporate tax rate to 28 per cent, while the Coalition’s tax reform policy has been stalled in the Senate. The OECD report also notes that Costa Rica and Chile are the only countries in the world that have a higher tax rate on new business investment than Australia.

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ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN LABOR PARTY, KPMG AUSTRALIA PTY LTD, CURIOUS THINGS, MURU MUSIC

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