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

-
Closed
As part of the 2022-23 Budget, an integrity measure was announced to address risks to Australia’s domestic tax base stemming from the use of excessive debt deductions. This measure strengthens…
-
Closed
The government has released exposure draft legislation that amends the Tax Agent Services Act 2009 as part of the government’s response to the PwC matter, announced on 6 August 2023. These…
-
Closed
The government has released exposure draft legislation that amends the Taxation Administration Act 1953 (TAA) to deliver part of the government’s response to the PwC matter, announced on 6 …