News

The Super Profits Tax



22 June 2010

Professor Michael Dirkis says it's possible that Treasury views the tax on the resource industry as a trial for applying it to all companies, in an article in today's edition of The Australian.

"The commonality is that you're looking at a normal return on capital as being the government bond rate and that profits beyond that should be taxed."

View the entirle article - Henry urges wider profits tax - The Australian


Contact: Greg Sherington

Phone: +61 2 9351 0202

Email: 302a24137f1504244a061f521d2a1d7729171e4109351b55220f465713