Constructive engagement on tax system is urgently required

Thursday, 05 November 2015


The Australian Institute of Company Directors strongly supports the Federal Government’s commitment to open debate on comprehensive tax reform.

“It is now widely-accepted that our tax regime needs an overhaul. Australia must have an open debate that does not rule out options such as a change in the GST”, said John Brogden, the Managing Director & Chief Executive Officer of the Australian Institute of Company Directors.

“Everything needs to be on the table – GST, state taxes, superannuation. This is not the time for rule in/rule out debate.

“Directors have consistently called for a wider, broader GST as a central part of a broad tax reform package that takes into consideration all other aspects of taxation, including personal tax rates and multinational tax arrangements.

“Directors want to be part of a constructive, open debate about tax reform that focuses on the factors necessary to achieve change and not on negatives that act as a roadblock to reform,” said Mr Brogden.


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