NZ Slipping Further Behind
Tuesday 7 May 2002
ACT leader Richard Prebble says news that Singapore has lowered its company tax rate from 24.5 percent to 22 percent, means New Zealand has become even more uncompetitive.
"New Zealand has the highest company tax rate in the Asia-Pacific region and this tax burden is just not sustainable.
"The Labour government should cut company tax in this year's Budget," Mr Prebble said.