A goods and services tax for Australia: An evaluation of the National Farmers' Federation outlay tax reform proposal
Source: Australian Tax Research Foundation
Published Date: 1 Jan 1990
The report examines the National Farmers Federation Outlay Tax Reform proposal which comprises the introduction of a New Zealand-type Goods and Services Tax (GST) to finance the abolition of the Wholesale Sales Tax (WST) and major cuts in petrol excise and customs duties. Warren concludes among other things that the reform measures offer significant gains to business through reduced taxes on inputs into production and the reduction in the distortion to resource allocation caused by outlay taxes. Major losers resulting from adoption of the reform measures, Warren argues, should be compensated through the existing social security system rather than through new social security mechanisms or modifications to the tax system.
Sorry, this is subscriber only content.
To gain access to this material and much more - Subscribe Now.
(Note: Members can access Taxation in Australia journal articles without a Tax Knowledge Exchange subscription - please log in to access).
Already a Subscriber? Login now
Already a Subscriber? Login now
Details
- Published On:1 Jan 1990
The material is copyright. Apart any fair dealing for the purpose of private study, research criticism or review, as permitted under the copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.
Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.
The Tax Institute
(ABN 45 008 392 372 (PRV14016))
("TTI")
The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009.
Copyright Statement
All materials provided on this site are protected by copyright and are owned by or licensed to TTI.
Except as expressly permitted by TTI or the copyright owner, any person or company who uses this site must not use, reproduce, redistribute, retransmit, publish or otherwise transfer, or commercially exploit, the materials or any information, software or other content, in whole or in part, which is available through this site.
Tags
Share this page