Published on 01 Oct 02
by "AUSTRALIAN TAX FORUM" JOURNAL ARTICLE
The principal aim of this paper is to present some preliminary estimates of the transitional compliance costs associated with the Goods and Services Tax (GST) in Australia. The results reported here stem from an ongoing Australian Research Council (ARC) Linkage project, which studies the impact of tax reform on small business from a compliance cost perspective. The transitional compliance costs of the GST are defined to encompass both the start up and temporary costs which business taxpayers incur in complying with the GST law. Various conceptual issues relating to transitional costs, including the need to obtain such estimates, are discussed. The paper then briefly reviews previous Australian studies and describes the rationale and methodology of the case study approach adopted in this paper. Finally, the paper provides a summary of the project's preliminary findings on transitional costs and psychological costs relating to the GST.
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