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

-
Open
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…
-
Open
As part of the October 2022-23 Budget, the government announced a transparency measure for Australian public companies (listed and unlisted) to disclose information on the number of subsidiaries and…
-
Open
The government has released exposure draft legislation and supporting explanatory materials pertaining to miscellaneous amendments that seek to ensure that the law operates as intended by correcting…