Taxation

It is the role of the Treasury to provide advice on effective tax and retirement income arrangements that contribute to the overall fiscal outcome, influence strong sustainable economic growth for the good of the Australian people. The Treasury is responsible for assessing and advising on the general design of the tax system and its components, and retirement income policy, in relation to economic efficiency, equity, income distribution, budgetary requirements and economic feasibility.

Consultations

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We invite feedback on draft legislation clarifying foreign bail‑in bonds' tax treatment. The draft legislation allows these types of bonds to be treated as debt for tax purposes. The bonds must still…
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We seek views on the draft: Income Tax Assessment (1936 Act) Regulations 2025 (regulations) Treasury Laws Amendment (Income Tax Assessment Repeal and Consequential Amendments) Regulations …
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Key documents Consultation paper [Consultation paper PDF 635 kB | Consultation paper DOCX 426 kB] We invite feedback on changes to giving funds’ distributions. The tax law currently…