Small and medium businesses are driving jobs growth in Australia and must continue to do so. That is why last year, we announced: A 1.5 percentage point tax cut for incorporated small businesses with a turnover of less than $2 million per year; A 5% tax discount for unincorporated small businesses; Immediate tax deductions for...

Small business is the engine room of the Australian economy, employing 4.7 million Australians. Small and medium businesses are driving jobs growth in Australia and must continue to do so. That is why last year, we announced:

The results of this year’s Survey can be organised into four main groups. Firstly, the public believes we have a revenue problem rather than a spending one. We need to fund more spending rather than cutting our spending to match our revenue capacity. Overwhelmingly the public says they wish to see more spending on public...

In this second report on corporate tax avoidance, the committee continues its consideration of the importance of transparency with particular emphasis on transfer pricing and the secrecy surrounding this activity. The committee briefly touches on exemptions from general purpose accounting. It also looks at tax minimisation strategies including excessive debt loading and avoiding permanent establishment...

In this paper, the authors investigate the impact of a cut to the company tax rate using a miniature version of the Vic-Uni computable general equilibrium model of the Australian economy with additional detail on ownership of physical capital.