Nicola Willis: Finance Minister hints at upcoming update into procuring new ferries, potential corporate tax cuts
The Finance Minister's floated potential tax cuts for corporations.
Speaking to Ryan Bridge about economic growth, Nicola Willis says our corporate tax rate is reasonably high compared to the rest of the world.
Asked if she's planning to lower the tax to encourage investment in the country, Willis says while the money would have to come from somewhere, they're looking at a range of potential tax system changes.
She says we need to be more competitive with other countries when it comes to our corporate tax rates.
More details could be coming this week about the procuring company for the…
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