Debunking the Myths of Corporate Tax

The federal government has announced a reduction of company tax from 30% to 28%.  However as this video from Professor Rick Krever from Monash University explains, most companies are able to use generous loopholes and exemptions in the tax system to greatly reduce the rate of company tax paid.  Watch our four minute video to see how this affects all Australians.

Poll: Australians want business to pay its fair share

Our Auspoll survey found three quarters of people want business to pay a greater proportion of tax while half want fewer concessions and deductions for companies.

See a summary of the key findings of the poll.

Read

Read Julian Disney's analysis of the Government's response to the Henry Tax Review published by the ABC on 4th May 2010.

You can also check out Julian Disney's article Tax Reform: Some problems and options which examines the inequities of our current tax system. This paper was originally written for the book Equality Speaks: Challenges for a Fair Society.

Executive Director Jo-anne Schofield has also written a number of opinion pieces on this topic: Let Needs Lead Reform and Debunking the myths of corporate tax (external link)

More Information

Tax Watch

TaxWatch is an independent, non-partisan service which focuses on issues relating to taxation policy and administration in Australia, including proposals for reform. www.taxwatch.org.au

PerCapita Tax Survey

Our friends at PerCapita surveyed over 1000 Australians regarding their views on tax. To view the full report click here.

National Foundation for Australian Women

NFAW have produced a number of issues papers on women and tax. Access them here.

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