Suddenly, there’s talk about Labor reforming company tax. What did minister Ed Husic say, and what might actually work?
- Written by: Kristen Sobeck, Research Fellow, Tax and Transfer Policy Institute, Crawford School of Public Policy, Australian National University
When politicians talk about business tax reform, and talk about using it to stimulate investment, they are usually referring to one of (or a mix of) three things:
cutting the company tax rate
offering investment incentives
broader corporate income tax reform.
The first two change features of the system, the last one changes the system itself.
Industry...