Corporate rate cut in doubt

Article Abstract:

The Australian Democrats are concerned about lowering corporate tax rates in exchange for the removal of accelerated depreciation and other tax concessions. The Ralph committee proposed slashing the corporate tax rate from 36% to 30%. The Democrats argued for a minimum alternate tax rate of 20% and retention of accelerated depreciation. This alternate tax would add $600 million to government revenue. Democrats are riding high with the goods and services tax compromise and see their future tied to its success.

Public Finance Activities, Corporate Tax Rates, Management, Planning, Prices and rates, Corporate taxes, Tax reform, Corporations, Minimum tax, Tax rates, Accelerated depreciation

---

Audit relief likely: A government review of tax assessments might bring some good news for taxpayers

Article Abstract:

The need to reform the Australian tax process is described. The need to increase the taxpayers' certainty on contentious matters and the period during which they are subject to audit is discussed.

Legal issues & crime, Government regulation (cont), Government regulation, Taxes, Legal/Government Regulation, Laws, regulations and rules, Tax assessment

---

The crucible of government fortunes

Article Abstract:

The political aspects of introductiing a goods and services consumption tax in Australia are discussed.

Similar abstracts:

• Abstracts: Software firms likely to post strong earnings; Microsoft expected to pace showing for June period, but bad news for Lotus
• Abstracts: Cray says sales of computers to be flat in '90; report is latest in string of bad news for firm; third-period net rose
• Abstracts: Software firms likely to post strong earnings; Microsoft expected to pace showing for June period, but bad news for Lotus. part 2
• Abstracts: AT&T posts surge in profit for 4th period; revenue in long distance, equipment were best since 1984 divestiture
• Abstracts: Southwest Bell offers managers retirement plan. AT&T unveils new wireless system linking home phones to its network

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.