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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.


  •  - ClosedExposure Draft

    The Government is making changes to the taxing point for tobacco as part of a package of measures which will crack down on illicit tobacco. As part of the 2018-19 Budget, the Government announced it would tax tobacco at the border and at the equivalent point of manufacture. From 1 July 2019, importers will be […]

  •  - ClosedExposure Draft

    On 28 June 2018, the Government released a policy paper for public consultation on the additional integrity rules that will apply to stapled entities that access the infrastructure concession and/or transitional arrangements. The Government has today released for public consultation exposure draft legislation and explanatory material giving effect to the announced measures. The conditions include: […]

  •  - ClosedDraft Legislation

    On 27 March 2018, the Government announced a package of measures to address risks to the corporate tax base posed by stapled structures and similar arrangements and limit access to concessions currently available to foreign investors for passive income. The Government has today released for public consultation the second stage of exposure draft legislation and […]

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