Company tax cut benefit to nation's biggest companies would be $5.5b a year: report

By Nassim Khadem
Updated July 1 2016 - 1:14pm, first published June 28 2016 - 12:00am
"Prime Minister Turnbull insists that his $48 billion tax cut will trickle down to supercharge the economy," said GetUp director Paul Oosting. Photo: Dominic K Lorrimer
"Prime Minister Turnbull insists that his $48 billion tax cut will trickle down to supercharge the economy," said GetUp director Paul Oosting. Photo: Dominic K Lorrimer

If company tax in Australia was reduced to 25 per cent, the total tax benefits for Australia's largest companies would be $5.53 billion a year, according to a report commissioned by GetUp.

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