© Commonwealth of Australia 2004
ISBN 0 642 74223 5
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Contents
Chapter 1: Introduction
1.1 What is a tax expenditure?
1.2 Why report tax expenditures?
1.3 Coverage of this statement
1.4 Structure of this statement
Chapter 2: Trends in tax expenditure estimates
2.1 Interpretation of trends and aggregates
2.2 Trends in tax expenditures
2.3 Large tax expenditures
2.4 Trends in tax expenditures by function
2.5 Comparison with direct expenditure
Chapter 3: Measuring tax expenditures
3.1 Approaches to measuring tax expenditures
3.2 Interpretation of tax expenditure estimates
3.3 Accrual estimates
3.4 Technical notes
Chapter 4: Benchmarks
4.1 Defining benchmarks
4.2 Income tax benchmark
4.3 Commodity tax benchmark
Chapter 5: New, modified and deleted tax expenditures
5.1 New tax expenditures
5.2 Modified tax expenditures
5.3 Deleted tax expenditures
Chapter 6: Tax Expenditures
6.1 Introduction
6.2 Income tax benchmark
6.3 Commodity tax benchmark
Appendix A: Modelling tax expenditures
A.1 Aggregate modelling
A.2 Distributional modelling
A.3 Microsimulation
Appendix B: Concessional taxation of funded superannuation
B.1 Scope
B.2 Interpretation
B.3 Estimates
List of Tables
Table 2.1: Total measured tax expenditures
Table 2.2: Large measured tax expenditures in 2003-04
Table 2.3: Aggregate tax expenditures by function
Table 2.4: Aggregate tax expenditures and direct expenditures by function in 2002-03
Table 2.5: Trends in tax expenditures versus direct expenditures
Table 5.1: New tax expenditures
Table 5.2: Modified tax expenditures
Table 5.3: Deleted tax expenditures
Table B1: Concessional taxation of funded superannuation, 1999-2000 to 2006-07