Australia’s economy could be harmed by Trump’s tax plan, government warned
the Guardian -

Thinktank says ‘import protectionism and territorial tax treatment pose significant risks to Australian revenues and trade’

Donald Trump’s tax plan may harm Australia’s economy if the government responds in the wrong way, the Australia Institute has warned.

In a report delivered to senators last week the progressive thinktank said the government should not try to cut Australia’s headline company tax rate to compete with Trump, dismissing concerns that a US cut of its corporate tax rate to 20%...

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