03 Mar 15 New report charts roadmap for tax reform
A comprehensive new report on Australia’s tax system, entitled A stocktake of the tax system and directions for reform, has set a roadmap for reform and discusses the need to examine the GST, the income taxation of savings, superannuation taxes and the future of the company tax for multinationals and small business. The report was prepared by the Tax and Transfer Policy Institute (TTPI) at The Australian National University.
The report, released on 2 March 2015, also looks at key directions for State taxes.
The report is a stocktake of what has been achieved in the five years since the Henry Tax Review, and the challenges ahead.