Problem 1 In 2016, Jack Mintz stated that taxes did matter when making investment decisions, and Australia's company tax rate was too high to compete for capital compared with many its competitors. Australia had the fourth-highest tax burden on capital investment amongst OECD countries. The average tax rate in these countries had decreased from 28.2 per cent to 23.3 per cent. He said that moving to a lower tax rate on capital would encourage more investment. It would lead to a faster adoption of new technologies, and businesses are more cost- competitive to export their products and to compete with imports. Questions (a) Should low tax rates be the sole concern of businesses engaging in capital investments? List some other important factors. (b) Should a company consider evaluating investments based on differing tax rates, assuming all other factors being equal