At least 55 federal politicians stand to gain from the passage of tax cuts via shares they hold in Australian-listed companies.



The government is hoping that it can secure the votes of the Senate crossbench this week to pass legislation that would cut the company tax rate for businesses with an annual revenue over $50 million. Labor and the Greens are opposed to the legislation, so the government needs 8 crossbench votes to win it.

Several crossbench senators including One Nation's two senators, senator Derryn Hinch, Centre Alliance Party's two senators, and independent senator Tim Storer are all currently against the legislation.