Why is the suggestion that a cut to the corporate tax rate will improve competitiveness and economic growth too simplistic? What factors do we need to consider when reading about corporate tax rates? How have countries like Singapore been able to implement low corporate tax rates? Dr Peter McCawley answers the questions.
Corporate Tax
Dr Peter McCawley is the author of Banking on the Future of Asia and the Pacific, a history of ADB. Source: Supplied
Dr Peter McCawley, former Dean of the Asian Development Bank Institute and Visiting Fellow at the Arndt-Corden Economics Division & Indonesia Project, ANU College of Asia and the Pacific in Canberra talks about the advantages and disadvantages of reducing the corporate tax rate.
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