Minerals Council flogs company tax dead horse
by Leith van OnselenThe Minerals Council of Australia (MCA) has urged the federal government to reduce the company tax rate as part of its post-coronavirus economic strategy.
MCA CEO Tania Constable says the nation’s corporate tax rate is not internationally competitive, and measures such as tax reform and speeding up project approvals could prompt a new wave of resources projects worth around $100 billion:
MCA chief executive Tania Constable, who represents major miners including BHP, Rio Tinto, Glencore and Whitehaven, said the government must seize the opportunity for “pragmatic and targeted reforms to fast-track Australia’s recovery from COVID-19”…
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