Briefing paper
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Further cuts in company tax cuts and resulting gifts to foreign investors
Publisher
Foreign investment
Economic indicators
Economic forecasting
Taxation
Company tax
Description
A conservative estimate of the benefit to foreign investors of the move to give tax cuts to companies above a $50 million turnover will be $3.7 billion per annum when the cuts are fully phased in by 2026-27. For the decade beginning in 2026-27 the cost will be $45.4 billion. These figures are based on the conservative estimates presented.
Publication Details
Copyright:
The Australia Institute 2018
License type:
All Rights Reserved
Access Rights Type:
open
Post date:
31 Jul 2018
