01 Feb 11 2010 Tax Expenditures Statement
In media release No 1, 2011, Treasury announced the release of the 2010 Tax Expenditures Statement. The statement provides details of concessions, benefits and incentives delivered to taxpayers through the tax system. These are referred to as 'tax expenditures'. In dollar terms, total measured tax expenditures are estimated at around $113 billion in 2009-10.