House debates

Wednesday, 16 July 2014

Questions without Notice

Taxation

2:15 pm

Photo of Clive PalmerClive Palmer (Fairfax, Palmer United Party) Share this | Hansard source

I have a question for the Treasurer. Why does the government require all Australian businesses and enterprises to pay provisional tax before any profit is earned? This tax stops business using their own cash to grow, employ people, expand the economy and exports to stimulate the nation. How can a low-taxation party like the Liberal Party government not eliminate the requirement to pay tax before profit is earned?

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