Coronavirus (COVID-19) updates from the Australian Government

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 existing Public Ancillary Fund Guidelines 2011, which set out the rules for a public ancillary fund to obtain and maintain deductible gift recipient status (DGR), are scheduled to automatically…
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Closed
In the 2020-21 Budget, the Government announced that it would clarify that Australian resident individuals such as experts performing missions on behalf of the International Monetary Fund (IMF) and…
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Closed
The attached exposure draft Bill and Regulations, and supporting explanatory materials cover proposed minor and technical amendments to the Treasury portfolio laws. The community’s views are sought…