Australia’s Corporate Tax System Is Seriously Flawed; Pressing Changes Needed: Report

Australia’s Corporate Tax System Is Seriously Flawed; Pressing Changes Needed: Report
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Alfred Bui
Updated:

A new study has indicated that Australia’s tax system for corporations has significant flaws and cannot sustain itself, and is calling for the federal government to adopt changes urgently.

According to the research (pdf) published by the Australian National University (ANU) on March 21, the current corporate tax system hampers investments and is skewed toward debt.
Alfred Bui
Alfred Bui
Author
Alfred Bui is an Australian reporter based in Melbourne and focuses on local and business news. He is a former small business owner and has two master’s degrees in business and business law. Contact him at [email protected].
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