There was a lot of hoopla last week over new OECD research showing that Australia’s company/corporate tax rate is among the very highest in the world. In case you missed it, here is a summary of the results via University of Melbourne tax expert, Professor Miranda Stewart:
The bad news – for companies – is that Australia is close to the top among the 94 countries, and in one of the measures, the effective marginal company tax rate (more on this later), third from the top…