Australian Senate to vote in June on corporate tax cuts - News Summed Up

Australian Senate to vote in June on corporate tax cuts


The Australian government announced Monday that the Senate will vote in June on cutting corporate tax rates after an opinion poll suggested the contentious reform had popular public support. Finance Minister Mathias Cormann, the government's chief negotiator in the Senate, said Monday that senators will be asked to vote on the tax cuts when they next sit from June 18 to 28. The poll found 29 percent of respondents opposed corporate tax cuts and 8 percent were uncommitted. Support for the tax policy might be tested in five by-elections to be held on July 28. Cormann said the government would continue campaigning for the tax cuts at the by-elections if the Senate rejects them in June.


Source: ABC News May 28, 2018 06:14 UTC



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