THE DISTILLERY: Taxing tales

One jotter explains why shareholders would suffer from a lower company tax rate, while another demands Canberra spending cuts.

With a federal election on the horizon, readers can expect some more ink to be spilled in the national newspapers on the matter of taxation. In this morning’s edition of The Distillery, three columnists are on various taxation issues, including the company tax rate, the entire government’s tax take and international tax minimisation.

Fairfax’s Ross Gittins attacks the assumptions of the business lobby’s campaign for a reduction in the company tax rate, by pointing out the consequence of having a full dividend imputation system.



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