This question relates to material covered in Topic 1particularly the Australian taxation system and the dividendimputation credits. This question addresses the 1st, 2nd, 3rd and4th subject learning outcomes. Students are expected to conducttheir own research and develop their own opinions about the meritsof this topic. There is no single correct answer and students willbe marked on the depth of their research, the quality of theirarguments (for and against), and their demonstrated understandingof the issues involved in this complex area of financial policy.Write an essay of between 600 and 1,000 words discussing thefollowing topic. The Australian federal government and businessrepresentative bodies argue that the Australian corporate tax rateis too high and makes Australia uncompetitive with competingeconomies. The government has plans to eventually lower theAustralian corporate tax rate to 25%. The government believes thatthis will improve the economy and ultimately taxpayers bystimulating business investment and creating jobs. Internationally,many countries are lowering their corporate tax rates including,most recently, Donald Trumpâs United States. Does Australiaâscurrent level of corporate taxation make the country economicallyuncompetitive? Start by reviewing The Conversation article FactCheck: Is Australiaâs corporate tax rate not competitive with therest of the region?â(https://theconversation.com/factcheck-is-australias-corporate-tax-rate-not-competitive-with-the-rest-of-the-region-37226).Do you believe that lowering the Australian corporate tax rate isgood policy? Discuss this issue and give particular considerationto the Australian dividend imputation system and how the Australiancorporate tax rate impacts on Australian taxpayers. There are adivergence of views and resources available for students to access.There are many items in the mainstream online media which canvasthe Governmentâs view and also that of those opposing. Studentsshould access resources from government, industry, and not forprofit community groups such as Get Up! as well as the broaderprint and electronic media. Remember, there is no correct answerand individual students will be assessed on their demonstratedunderstanding of the issues and the depth and quality of theirindividual research.
This question relates to material covered in Topic 1particularly the Australian taxation system and the dividendimputation credits. This question addresses the 1st, 2nd, 3rd and4th subject learning outcomes. Students are expected to conducttheir own research and develop their own opinions about the meritsof this topic. There is no single correct answer and students willbe marked on the depth of their research, the quality of theirarguments (for and against), and their demonstrated understandingof the issues involved in this complex area of financial policy.Write an essay of between 600 and 1,000 words discussing thefollowing topic. The Australian federal government and businessrepresentative bodies argue that the Australian corporate tax rateis too high and makes Australia uncompetitive with competingeconomies. The government has plans to eventually lower theAustralian corporate tax rate to 25%. The government believes thatthis will improve the economy and ultimately taxpayers bystimulating business investment and creating jobs. Internationally,many countries are lowering their corporate tax rates including,most recently, Donald Trumpâs United States. Does Australiaâscurrent level of corporate taxation make the country economicallyuncompetitive? Start by reviewing The Conversation article FactCheck: Is Australiaâs corporate tax rate not competitive with therest of the region?â(https://theconversation.com/factcheck-is-australias-corporate-tax-rate-not-competitive-with-the-rest-of-the-region-37226).Do you believe that lowering the Australian corporate tax rate isgood policy? Discuss this issue and give particular considerationto the Australian dividend imputation system and how the Australiancorporate tax rate impacts on Australian taxpayers. There are adivergence of views and resources available for students to access.There are many items in the mainstream online media which canvasthe Governmentâs view and also that of those opposing. Studentsshould access resources from government, industry, and not forprofit community groups such as Get Up! as well as the broaderprint and electronic media. Remember, there is no correct answerand individual students will be assessed on their demonstratedunderstanding of the issues and the depth and quality of theirindividual research.
