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Carbon neutral - tax neutral?

Publication date: 01 Aug 07 | Source: INSIDE TAX

Issue: Issue 9 2007

Pages: pp.2-5

On 17 July 2007, the federal government announced the introduction of the Australian Emissions Trading System, which may impact as many as 900 large facilities as well as upstream fuel suppliers. While the trading system will commence no later than 2012,detailed design elements are to be completed by 2008 and enabling legislation is to be passed in 2009. Now is the time for industry to consult with Government to ensure appropriate tax outcomes on such issues as permit issuance and trading, abatement activites and incentives.

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Author profile

Judy Morris
Judy Morris is an Assistant Commissioner in the Public Groups and International area of the ATO and leads the Top 1000 Tax Performance program. Judy joined the ATO in 2009. Prior to joining the ATO, Judy was a Corporate Tax Partner with a large advisory firm and also has experience as Head of Tax for a large Australian listed group. - Current at 31 October 2019
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