Published on 01 Jan 99
by Australian Tax Research Foundation
States on their own admission, imposed a grab bag of taxes which are more often than not, inefficient and inequitable. Moreover, these taxes are inadequate to meet the revenue needs of the States that have long articulated the case for greater financial autonomy. This volume reports on a one-day symposium which was designed to provide a forum for firmly placing State tax issues on the tax reform agenda prior to the release of the Federal governments tax reform proposals in August 1998.
The general consensus was that income tax base sharing was the preferred option for State governments. However, while this option did not find favour in the Federal Government's ANTS package of tax reforms, what was still largely left unresolved was the need for and direction of major
indirect tax reform at the State level. This study provides a highly relevant overview of the limitations of current State taxation, even after the States acquire the revenue from the proposed GST.
Neil is a Professor, School of Taxation & Business Law, UNSW Australia.
Current at 1 October 2016
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