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Senate would block Labor attempt to roll back company tax cuts

Senate would block Labor attempt to roll back company tax cuts

The four crossbench senators most likely to hold the balance of power after the next federal election have warned Labor that should it be elected, they will not let it roll back any of the company tax cuts that have already been passed.

by Shared by Australian Financial Review | Jun 26, 2018

Senate would block Labor attempt to roll back company tax cuts

With the Senate poised to knock back legislation for the remainder of the company tax cuts this week, the minor parties of One Nation, Centre Alliance and Australian Conservatives, said that did not mean they would roll back the cuts that already exist for companies with turnovers capped at $50 million.

Read the full article at the Australian Financial Review.