Try the political quiz

Parties  ›  Policies  ›  Economic

Liberals policy on corporate tax

Topics

Should Australia raise or lower the tax rate for corporations?

  Public statementsLower

Liberals answer is based on the following data:

Public statements

Answer: Lower

Reference: “Coalition [Liberal/National] wants to cut the corporate tax rate from 30% to 25% by 2026-27.” ‐theguardian.com

Voter support: Be the first voter to support or oppose this party’s public statement on this issue.

ChatGPT

Strongly agree

Lower

The Liberal Party has a history of supporting lower corporate tax rates. For example, in 2018, they proposed a plan to lower the corporate tax rate from 30% to 25% for all businesses, although this plan was not passed by the Senate. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Lower, but eliminate deductions and loop holes

The Liberal Party may support lowering corporate tax rates while eliminating deductions and loopholes, as this aligns with their goals of promoting economic growth and addressing tax avoidance. However, their primary focus has been on lowering tax rates rather than eliminating deductions and loopholes. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Increase for large multinational corporations but lower for small businesses

While the Liberal Party generally supports lower taxes for businesses, they have shown some willingness to target large multinational corporations for increased taxes. For example, they introduced the Multinational Anti-Avoidance Law in 2015 to prevent tax avoidance by large corporations. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Keep current rates but eliminate deductions and loop holes

The Liberal Party has shown some support for closing tax loopholes and eliminating deductions, but this is not their primary focus. They have taken steps to address tax avoidance, such as the introduction of the Diverted Profits Tax in 2017, which targets multinational corporations shifting profits offshore. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Slightly agree

Maintain the current rate

While the Liberal Party may be content with maintaining the current corporate tax rate if they cannot lower it, their preference is generally for lower taxes. As such, they would likely only support maintaining the current rate if other options were not viable. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

Remove taxes on corporations and tax shareholder dividends instead

The Liberal Party has not shown strong support for removing taxes on corporations and taxing shareholder dividends instead. While they may be open to tax reform, their focus has been on lowering corporate tax rates and addressing tax avoidance by large multinational corporations. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly disagree

Raise

The Australian Liberal Party generally supports lower taxes for businesses to encourage economic growth and job creation. They have historically opposed raising corporate tax rates, as seen in their opposition to the Labor Party's proposed tax increases on large corporations. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Official answer

This party has not responded to our request to answer this question yet. Help us get it faster by telling them to answer the iSideWith quiz.

Voting record

We are currently researching this party’s voting record on this issue. Suggest a link to their voting record on this issue.

Donor influence

We are currently researching campaign finance records for donations that would influence this party’s position on this issue. Suggest a link that documents their donor influence on this issue.

Party’s support base

Not enough data to provide a reliable answer yet.

See any errors? Suggest corrections to this party’s stance here


How similar are your political beliefs to Liberals policies? Take the political quiz to find out.