Australia Delivers First Voluntary National Review on Implementation of SDGs

Each of the 193 countries that signed on to the 2030 Agenda for Sustainable Development has committed to producing a Voluntary National Review at least… Read More ›

Australian Treasury Consultations on Stapled Structures and Luxury Car Tax

Improving the integrity of stapled structures (second stage), closing on Friday 10 August 2018 On 27 March 2018, the Government announced a package of measures… Read More ›

New IMF Working Papers on Corporate Tax Paint Delicate Picture for Australia

Beer, Klemm & Matheson 2018, Tax Spillovers from US Corporate Income Tax Reform, IMF Working Paper No. 18/166 Summary The paper describes, and where possible… Read More ›

Treasury Distributional Analysis of Australia’s Dividend Imputation System

A distributional analysis of the Australian dividend imputation system conducted by the Treasury was recently made available via freedom of information release. It provides information… Read More ›

Illegal Phoenix Costs Australian Government $1.66 Billion

A recent report by PricewaterhouseCoopers estimates that, in the 2015-16 financial year, the direct cost of illegal phoenix to the Australian Government is $1.66 billion,… Read More ›

New OECD Model and Working Paper on Corporate Effective Tax Rates

Hanappi, T. (2018), “Corporate Effective Tax Rates: Model Description and Results from 36 OECD and Non-OECD Countries”, OECD Taxation Working Papers, No. 38, OECD Publishing,… Read More ›

Australian Government Tax and Transfer Consultations and Submissions Currently Open

Treasury: GST on Offshore Hotel Bookings, closing on Thursday 9 August 2018. The draft legislation will extend the GST by ensuring that offshore sellers of… Read More ›

Tax and Fiscal Policy Take Centre Stage at the G20

The Third G20 Meeting of Finance Ministers and Central Bank Governors took place in Buenos Aires, Argentina on 21-22 July. Included in various clauses of… Read More ›

IMF Updates World Economic Outlook, as Risks Tilt to the Downside

The International Monetary Fund has released a July update to its April WEO forecast, amid increasingly uneven economic expansion and mounting risks to the outlook.… Read More ›

PBO Report: Trends Affecting the Sustainability of Commonwealth Taxes

The Parliamentary Budget Office has published its Report no. 02/2018, ‘Trends affecting the sustainability of Commonwealth taxes’. Summary The composition of Commonwealth tax receipts shifts… Read More ›