Debt Equity 2012

Implementing an allowance for corporate equity

Source: Australian Tax Forum Journal Article

Published Date: 1 Apr 2012


The government’s decision to commission research into an allowance for corporate equity (‘ACE’) for Australia portends major change to Australia’s corporate tax, and an even more significant departure from the tax policies that have been considered orthodox for the last 25 years. This paper analyses what an ACE could mean for Australia – what it is hoped an ACE would achieve, how it is meant to work, where the fault lines are to be found, what still remains unsettled in the basic design, who would win and who would lose under such a policy and why.

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Debt Equity 2012

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