Chapter 3: Tax expenditures

Date

3.8 Externalities benchmark

The externalities benchmark deals with taxes (or other revenue raising arrangements) that are imposed to ensure that the private costs of certain activities align with the social costs of those activities.

Tax expenditures reported under this benchmark have a different purpose to the taxation of income or consumption, although they may involve changes to income or consumption behaviours.

There are currently no tax expenditures reported under the externalities benchmark.