Australian discussion paper outlines measures to fund a corporate tax rate cut

August 2012


The Australian Business Tax Working Group's recent discussion paper canvassed ways to reduce the Australian company tax rate in a revenue neutral manner by 'broadening' the business tax revenue base. The paper's proposals broadly are designed to compensate the Australian government for its loss of tax revenue from a proposed corporate tax rate cut. Although a corporate tax rate reduction is welcome, some or all of the proposals to fund the tax cut may affect multinationals, with increasing significant impact in certain industry sectors.

Contact us

Tim Anson
ITS Co-leader
Tel: +1 (202) 414 1664

Rob DeGaudenzi
ITS Partner - NY Metro Market
Tel: +1 (646) 471 0645

Follow us