Craig Kelly (Hughes, Liberal Party) Share this | Hansard source

Correct, as the member for Hume notes. If we have to have our tax rates competitive, what about our company rate of tax? How much longer can our nation continue with a rate of company tax that is internationally uncompetitive? Our rate of corporate tax at the moment is 30 per cent, in the UK it is 20, in Canada it is 26½, in Singapore it is 17 and in Hong Kong it is 15.

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