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The following statement from Orica CEO, Alberto Calderon, reiterates comments made in his address to the Melbourne Mining Club on 8 February 2018.
“We need a tax environment that is conducive to business investment and is competitive relative to the countries against which we compete for capital.
“A reduction in the corporate tax rate is one element of potential tax reform. There are complementary measures, such as targeted incentives for research and development and capital allowances, that can also incentivise investment. It’s important that there be discussion around the optimal combination to create the greatest benefit for society, and the largest impact on growth”.
You can read a full copy of Alberto's address to the Melbourne Mining Club here.
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