Labor government warned against cash flow tax changes
Автор: Sky News Australia
Загружено: 2025-09-08
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The Business Council of Australia is calling on the federal government to stop discussing possible changes to the corporate cash flow tax.
Labor is considering the proposal to cut the rate to 20 per cent for companies that record turnovers of less than $1 billion.
The idea is being recommended by the Productivity Commission and would lead to 99 per cent of businesses paying less tax.
The BCA, which has many members that will end up paying more tax under the plan, is concerned that speculation on changes would be enough to negatively influence business investment.
Despite the warning, the prime minister praised those in the room for finding more common ground with the government at last month's economic reform roundtable.
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