News

The Productivity Commission’s theory makes sense: if you make capital cheaper and you should get more of it flowing in. A larger stock of capital means there is more to invest in Australian workers.
Australian Chamber of Commerce and Industry CEO Andrew McKellar says Australia’s company tax rate for most businesses is increasingly “uncompetitive” and that tax reform has to be “on the ...
Australia's top corporate tax rate of 30 per cent far exceeds the global average of 23 per cent. Shadow finance minister Jane Hume told Sky News that the opposition was open to passing legislation ...
Global minimum corporate tax rate to start from 2024: KPMG. New laws imposing a global minimum corporate tax of 15 per cent are expected to come into force in 2024, according to KPMG partner Alia Lum.
Australia unveiled plans for a minimum tax of 15% on multinationals Thursday, a move government said would make big businesses operating in the resource-rich nation "pay their fair share." ...
The Business Council of Australia has called for the corporate tax rate to be cut from 30% to 15% as part of the Federal Government’s root-and-branch review of the Australian taxation system ...
Countries that have implemented the 15% tax since January 1 include the EU, the U.K., Australia, South Korea, Japan and Canada, as well as nations known as tax havens, like Ireland, Luxembourg ...