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No dollar figure on tax cuts: Turnbull

Malcolm Turnbull says the Treasury has not put a dollar cost on the 10-year plan to reduce company tax.

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Source: AAP


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Prime Minister Malcolm Turnbull has declined to put a figure on his 10-year company tax cut plan.

Tuesday's budget included a plan to reduce company tax to 25 per cent within a decade, but the budget papers do not put a dollar figure on the cost to taxpayers.

"The Treasury has not identified the dollar cost of that particular item - what it has done is set out a medium term outlook which takes account of the company tax cut and all the other tax arrangements," Mr Turnbull told Sky News on Thursday.


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