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Labor’s two-tier company tax is too complex, experts warn

Labor’s move to a two-tier company tax system divided at $50 million in revenue has left experts worried about foreign direct investment and the complexity faced by local businesses.

by | 3 Jul, 2018

The maister of management

A partial backflip by Opposition Leader Bill Shorten on Friday means that, if elected, Labor won’t totally repeal tax cuts for companies with turnovers between $10 million and $50 million, keeping the rates frozen at the current rate of 27.5 per cent.

Read the full article at the Australian Financial Review.

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