Working out the right level of company tax for a future Australia is a very difficult task. As a nation we are more dependent on it than any other country in the OECD, except Norway.
But we are also very dependent on foreign investment and as a medium size open economy, high company tax acts as a disincentive.
One issue that is often not discussed is: Who really bears the burden of company tax?
This video explores one of the key questions raised in KPMG's Tax reform submission; Who bears the burden of company tax?