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
In November 2020 the former Government released its response to the final report of the independent review into the effectiveness of the Tax Practitioners Board (TPB) and Tax Agent Services Act…
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Open
We are seeking submissions from stakeholders to support the expansion of Australia’s tax treaties network. The Government is entering into new tax treaty negotiations as part of its expansion of…
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Open
As part of the 2022-23 Budget, an integrity measure was announced to align the tax treatment of off-market share buy-backs undertaken by listed public companies with the tax treatment of on-market…