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Australian Government Remains Committed to Reducing Tax Rates for All Companies

|Proposed Changes|Australia
Australia

The Australian Treasurer Scott Morrison has issued a release announcing that the government will re-introduce the remaining elements of the Enterprise Tax Plan, which includes reducing the corporate tax rate for all companies. Legislation for a phased in reduction to 25% for all companies was submitted in 2016, but was held up in the Senate with a compromise reached to limit the reduction only…

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