Australian Industry Group Issues Statement on Company Tax Reduction Rate
June 28, 2018
June 28, 2018
NORTH SYDNEY, Australia, June 28 -- The Australian Industry Group issued the following statement by Chief Executive Innes Willox:
"While disappointed that the plan to phase in a reduction in the company tax rate to 25% over the coming decade has not attracted sufficient support to be put to the Senate in this current session, we are heartened by the Government's commitment to stick to its guns and renew its efforts in the months ahead to enact this important program.
. . .
"While disappointed that the plan to phase in a reduction in the company tax rate to 25% over the coming decade has not attracted sufficient support to be put to the Senate in this current session, we are heartened by the Government's commitment to stick to its guns and renew its efforts in the months ahead to enact this important program.
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