Treasurer Scott Morrison says he intends to reintroduce company tax cut legislation when parliament resumes next month.
The legislation, which would cut taxes for companies with a turnover above $50 million, failed to pass parliament when it was first introduced last year. (2017)
It comes as the latest OECD study finds company tax cuts would benefit people at all income levels, not just the wealthy.
Financial Services Mnister Kelly O'Dwyer has called on Labor to support the legislation.
Mr O’Dwyer says "we can get this through if Labor support it. If Labor actually follow through with what they used to say they believed in, if Bill Shorten follows through with what he used to say he believed in, and actually supports the government in what is a neccessary measure, which has been confirmed by the OECD, the IMF and treasury analysis, then all Australians will benefit."
