Senate debates

Thursday, 28 June 2018

Questions without Notice

Taxation

2:48 pm

Photo of David SmithDavid Smith (ACT, Australian Labor Party) Share this | Hansard source

My question is to the Minister representing the Prime Minister, Senator Cormann. I refer to the United States Congressional Budget Office report of March 2017, International comparisons of corporate income tax rates. The report finds that, in an analysis of the average corporate tax rate of G20 countries, Australia ranked fourth to last, with an average corporate tax rate of 17 per cent. What aspect of the United States' Congressional Budget Office analysis does the minister disagree with?

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