Original article by Joanna Mather
The Australian Financial Review – Page: 5 : 9-Dec-16

The Australian Government may be under pressure to lower corporate taxes if the US and the UK reduce their tax rates to 15 per cent and other countries follow their example. Wolfgang Schoen, the director of the Max Planck Institute, says the world is entering a period of intense tax competition and attractive incentives will have to be offered to companies to attract their investment.

CORPORATES
MAX PLANCK INSTITUTE, AUSTRALIAN NATIONAL UNIVERSITY, PRICEWATERHOUSECOOPERS, AUSTRALIA. DEPT OF THE TREASURY