Quicken pace on company tax cuts, say key senators

The Australian, August 2, 2018

Key Senate crossbenchers and business groups have called for a quicker rollout of existing tax cuts for small and medium companies to drive investment amid a stalemate over the remainder of the government’s corporate tax plan.

At least five of the 10 Senate crossbenchers supported dropping the tax rate to 25 per cent for companies with an annual turnover of up to $50 million much sooner than the legislated time­frame of 2026-27. READ MORE: https://www.theaustralian.com.au/national-affairs/quicken-pace-on-company-tax-cuts-say-key-senators/news-story/7df90f03622ef4a6b56221ab497fba3a