ECONOMICS The taxing of companies: a clarifying perspective*

I have written recently in praise of what the United States Republican Party seems to be in favour of doing in respect of what some call “company tax reform”. What I have not done is comment in detail on the Turnbull Government’s preferred position on company tax. At the time of writing, we have heard that a largely unchanged version of the Government’s preferred position on company tax – except that companies enjoying an annual turnover of more than $50 million ar…

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