Tax Expenditures Statement 2002

Publication type


The Tax Expenditures Statement (TES) provides a detailed list of tax expenditures provided by the Commonwealth to individuals and businesses.

This Statement identifies around 260 tax expenditures and, for many of these, reports estimates of the financial benefits derived by the recipients over the period 1998-99 to 2005-06. The publication of detailed information on Commonwealth tax expenditures is a requirement of the Charter of Budget Honesty Act 1998.

The tax expenditures in this Statement reflect all announced policies and legislation applying up to the date of publication of the 2002-03 Mid-Year Economic and Fiscal Outlook (MYEFO).