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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Open
The Australian Government has released a consultation paper reviewing the tax promoter penalty laws. It outlines: the purpose, administration and operation of the tax promoter penalty laws emerging…
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Open
The government welcomes feedback on these draft amendments that: correct technical or drafting defects remove anomalies address unintended outcomes. This is part of the regulatory stewardship of…
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Open
The government is seeking feedback on: draft amendments to the Tax Agent Services (Code of Professional Conduct) Determination 2024 updated explanatory material. This draft legislation clarifies…