MORRISON IN A MUDDLE
Today, a panicked Scott Morrison told Fairfax “the government has never entertained” changes to cash back on the dividend imputation.
But the Government’s own Re:think Tax Discussion paper (p.92) states:
There are some revenue concerns with the refundability of imputation credits.
In its haste to yet again defend inequitable tax breaks, the Turnbull Government can’t even remember what it was saying yesterday.
TUESDAY, 13 MARCH 2018