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Articles on Taxation

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Labour may get less than they’re hoping for with their tax proposals. Joe Giddens/PA Wire

Manifesto Check: Labour’s tax plan may fail to raise revenue

Labour’s manifesto promise of fairer taxes – re-introducing the 10p tax and raising the top rate for high earners – sounds good. But they may not see the benefits in reality.
Has treasurer Joe Hockey already made up his mind about the more controversial tax suggestions in the recent Re:think discussion paper? AAP/Lukas Coch

The Tax white paper - only good for fish and chips now?

Treasurer Joe Hockey’s media comments this week around contentious tax issues don’t bode well for the Taxation White paper.
Paper filing may soon be a thing of the past. But increased automation means humans will be more important than ever. Crumpled 1040 via www.shutterstock.com

Overlooked costs of IRS budget cuts will hit taxpayers hardest

Congress has shortchanged the IRS by $7.3 billion over the past five years, and taxpayers will increasingly pay the price.
A 1909 cartoon suggested taxes on divorces, dogs, rubber plants and more during debate over the 16th Amendment 1909 Cartoon via www.shutterstock.com

Why Americans have chosen to pay income tax

As you wrestle with figuring out what you owe Uncle Sam, consider why the United States opted for an income tax back in 1913.
Greens leader Christine Milne argues Australia is not doing enough to combat corporate tax avoidance. Lukas Coch/AAP

Experts caution Australia on unilateral ‘Google tax’

Treasurer Joe Hockey is considering a Google tax similar to that introduced in the UK, but experts warn it could derail global action on tax avoidance.
Treasurer Joe Hockey is likely to have an easier time selling a package of tax reforms rather than individual changes. Tracey Nearmy/AAP

How increasing the GST could boost our standard of living

Changing the GST in isolation would create serious problems, but increasing it alongside other reforms could have a major upside.
Naming and shaming is not really the main agenda of tax transparency. Bart Maguire/Flickr

Tax transparency can work for companies if they do it right

Companies that embrace tax disclosures and remind the public they are contributing to the economy could actually benefit from greater transparency.

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