Business tax reform in Australia. Includes analysis by local and overseas industry experts of past tax reforms, our current business tax system and potential future developments as canvassed by the Australian Government's Future Tax System Review (Henry Review)

The need for simplification is often identified as a key consideration in any discussion of Australia's tax system. But just how important is simplification in the Australian context? And to what extent will it feature in any future tax reform post-Henry and Tax Forum? While there has been much...

Despite being consistently stated as an important characteristic of good tax policy, tax simplicity has largely been ignored in actual tax reform. After so many years and attempts, the goal of tax simplification in Australia appears to be as elusive as ever. The central tenets of this paper are...

Tax reviews are not a new phenomenon in Australia. Since 1950, in addition to several reviews by Parliamentary committees and government — appointed officials or bodies, including the Australian National Audit Office, the Inspector-General of Taxation, and the Board of Taxation, tax has been...

The paper explores key outcomes relating to personal income tax (PIT) reform in Australia derived from the use of a Delphi methodology conducted during 2006. The Delphi methodology combines quantitative and qualitative techniques to explore future possibilities in systematic and iterative rounds...

The Australian Capital Gains Tax' ("CGT") is now well established, but cannot be taken for granted. It was introduced primarily for reasons of equity, although there were also strong efficiency arguments identified in its favour. Most commentators would accept that the criterion of simplicity...

It is often noted that a good personal tax system in a modern developed economy should be characterised by low tax rates imposed on a broad tax base, designed to ensure adequate and appropriate revenue. It should also observe the three primary criteria for an effective tax system, in that it...

This paper provides an overview of a research project designed to develop a model of a personal income tax (PIT) system for Australia that is capable of commanding widespread expert and community support while still delivering the expected revenue flow and tax policy objectives that are expected...

This paper provides a summary overview of the personal income tax–transfer reform debate in Australia. It attempts to employ a balanced approach to examine the,main issues and arguments put forward by various schools of thought with regard to tax reform. First, it explores in depth the meaning...