"/>
Australian gov't committed to unpopular company tax cuts: finance minister
Source: Xinhua   2018-07-30 12:22:47

CANBERRA, July 30 (Xinhua) -- The Australian government remains "absolutely committed" to its company tax cuts despite significant by-election losses.

The governing Liberal National Party (LNP) failed to win a seat or increase its share of the vote in any of Saturday's five by-elections, raising questions over its legislative agenda.

Senior members of the government identified the planned company tax cut as a major reason for Saturday's losses, going as far as to implore Prime Minister Malcolm Turnbull to either change the policy or abandon it all together.

Mathias Cormann, the Australian finance minister, on Monday dismisses those suggestions, saying the government was "absolutely committed to this plan."

"It's very important we protect all businesses across Australia from the impact of lower business tax rates in other parts of the world," Cormann told Australian Broadcasting Corporation (ABC) radio on Monday.

"Of course at every election we consider carefully what the people have told us ... but when it comes to the central components of our plan for a stronger and more jobs, we remain absolutely and totally focused."

Under the plan, the tax rate for companies with an annual turnover exceeding 50 million Australian dollars (36.95 million U.S. dollars) would be cut from 30 to 25 percent by 2027.

A similar policy already passed by parliament will cut the tax rate for businesses with a turnover lower than 50 million Australian dollars to 27.5 percent.

Turnbull on Sunday left the door open to changing the policy, saying the focus of the government was on securing a "competitive company tax rate" rather than referring to the specifics of the change.

Editor: Shi Yinglun
Related News
Xinhuanet

Australian gov't committed to unpopular company tax cuts: finance minister

Source: Xinhua 2018-07-30 12:22:47
[Editor: huaxia]

CANBERRA, July 30 (Xinhua) -- The Australian government remains "absolutely committed" to its company tax cuts despite significant by-election losses.

The governing Liberal National Party (LNP) failed to win a seat or increase its share of the vote in any of Saturday's five by-elections, raising questions over its legislative agenda.

Senior members of the government identified the planned company tax cut as a major reason for Saturday's losses, going as far as to implore Prime Minister Malcolm Turnbull to either change the policy or abandon it all together.

Mathias Cormann, the Australian finance minister, on Monday dismisses those suggestions, saying the government was "absolutely committed to this plan."

"It's very important we protect all businesses across Australia from the impact of lower business tax rates in other parts of the world," Cormann told Australian Broadcasting Corporation (ABC) radio on Monday.

"Of course at every election we consider carefully what the people have told us ... but when it comes to the central components of our plan for a stronger and more jobs, we remain absolutely and totally focused."

Under the plan, the tax rate for companies with an annual turnover exceeding 50 million Australian dollars (36.95 million U.S. dollars) would be cut from 30 to 25 percent by 2027.

A similar policy already passed by parliament will cut the tax rate for businesses with a turnover lower than 50 million Australian dollars to 27.5 percent.

Turnbull on Sunday left the door open to changing the policy, saying the focus of the government was on securing a "competitive company tax rate" rather than referring to the specifics of the change.

[Editor: huaxia]
010020070750000000000000011100001373570511
国产无码在线观看免费在线,37pao国产成视频,日韩一区二区视频在线,国产国产人免费人成免费视频麻豆
亚洲制服aⅴ中文字幕 | 日韩一级精品久久久久 | 亚洲制服丝袜在线二区 | 美妇喷潮在线视频 | 色一情一乱一伦一区二区三区 | 亚洲中文久久字幕 |