CANBERRA Authentic Casey Cizikas Jersey , Oct. 16 (Xinhua) -- Australia will have one of the highest company tax rates among developed nations if it is not cut, the Business Council of Australia (BCA) warned on Monday.
Australia's business tax rate is 30 percent, fifth highest among member nations of the Organisation for Economic Cooperation and Development (OECD).
In a statement issued on Monday, Jennifer Westacott Authentic Brock Nelson Jersey , chief executive officer (CEO) of the BCA, said that Australia would rank the third-highest in the OECD when the governments of France and the United States upheld promises to slash the company tax rates.
"As other countries have slashed their company tax rates to improve competitiveness, Australia has been left to languish with a rate that has been unchanged for 16 years," Westacott said in a statement on Monday.
"The average company tax rate across the OECD is 24 percent and falling. The average across Asia is 21 percent.
"This global action should be a wake-up call for the Senate that Australia cannot afford to stand still Authentic Anders Lee Jersey , since every company tax reduction overseas is a de facto tax increase on Australia."
Westacott's comments have increased pressure on Treasurer Scott Morrison to secure a business tax cut.
Prime Minister Malcolm Turnbull has proposed a 10-year tax reduction but those changes have stalled in the Senate where the government does not hold a majority.
However, Westacott said that the proposed changes did not go far enough.
"The proposal currently before the parliament to lower the rate to 25 percent, will take a decade to be phased in, and will still leave Australian above the OECD average and significantly higher than other countries with whom we compete for investment and jobs Authentic Anthony Beauvillier Jersey ," she said.
"Australia needs a pro-growth, competitive tax system for all businesses, big and small, to stimulate investment Authentic Cal Clutterbuck Jersey , raise productivity and increase the real wages of working Australians."
US Fertility Clinics Market 2017| Competitors, Future Demand, Growth, Share and Analysis with forecast 2022
Researchmoz added Most up-to-date research on “US Fertility Clinics Market” to its huge collection of research reports.
The market for fertility clinics in the US should reach a value of $3.6 billion in 2017 and is expected to grow to $4.5 billion by 2022 at a compound annual growth rate (CAGR) of 4.6% for the period of 2017-2022.
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Report Includes
An overview of the US market for fertility clinics Analyses of global market trends, with data from 2012 through 2016, estimates for 2017, and projections of compound annual growth rates (CAGRs) through 2022 Examination of the critical market characteristics of the fertility market Authentic Josh Bailey Jersey , including technological developments, the value chain, market dynamics, and key market trends Market breakdowns by diagnostics services and assisted reproductive technology Coverage of major government regulations Authentic Nick Leddy Jersey , recent industry developments, and the competitive landscape Information on leading companies, including Integramed, New Hope Fertility Center Cheap Casey Cizikas Jersey , Reproductive Medicine Associates Of New Jersey and Colorado Center of Reproductive Medicine
Chapter 1 Introduction Study Goals and Objectives Reasons for Doing This Study Scope of Report Methodology Geographic Breakdown Analyst’s Credentials Related BCC Research Reports Chapter 2 Summary and Highlights Chapter 3 Market Characteristics Service Definition Application
View Complete TOC with tables & Figures @
Cause of Infertility Stages of Fertility Treatment Market Value Chain & Key Participants Drivers Age and Infertility Single Moms on the Rise Obesity Still Predominant LGBT Community Restraints Lack of Insurance Cover Legal and Ethical Dilemma
Risks of ART Cost and Failure of IVF Key Market Trends Fertility Clinic Package Deals Medical Tourism Single Women Make 6% Of The Clientele Eggs Freezing New Technology Internet and Fertility Chapter 4 Market Historic Growth and Forecast Historic Market Growth