Trump’s tax plan will cost trillions.
AP Photo/Pavel Golovkin
President Trump released details of his tax plan, which would essentially benefit the wealthiest Americans by repealing the estate tax and other changes at the expense of the middle class.
Trump unveiled his tax cut in Indianapolis.
AP Photo/Michael Conroy
The administration wants to cut the tax rate on so-called pass-through entities, which is likely to lead to creative tax planning and outright evasion, damaging faith in the system.
‘Build to rent’ means developers build housing with the intent of retaining the building and renting it out to lower-income families.
A modest rebalancing of federal tax policy toward build-to-rent housing could fill affordable housing funding gaps. Australian funds are already investing in such a scheme in the US.
Bill Shorten says Labor’s targeting of trusts is about delivering a level playing field in tax.
Labor has proposed a crackdown on discretionary trusts, which would raise $4.1 billion over the forward estimates and $17.2 billion over a decade.
The number of Americans who can get a tax break through their charitable contributions could tumble during the Trump administration.
The tax changes Trump and GOP lawmakers propose would reduce charitable giving, research suggests. But letting everyone use a tax break mostly enjoyed by the rich might prevent that.
The AiGroup’s Innes Willox, speaking on Q&A.
The AiGroup's Innes Willox told Q&A that Australia has one of the highest progressive tax rates in the developed world. Is that true?
The Australian Tax Office is starting to see the fruits of the pressure flowing from the Senate inquiry into tax avoidance.
eBay still deems its Australian business to be a Swiss business and thereby avoids millions in income tax and GST.
A large American tax cut could impact investment in Australia.
The Trump tax cut will create new investment in America, but at the expense of countries like Australia
Mark Zuckerberg and Priscilla Chan are giving billions to charity through their donor-advised fund instead of a traditional foundation.
Jeff Chiu/AP Photo
As these tax-exempt vehicles transform philanthropy, they’re drawing more scrutiny. Will Congress or the Trump administration tinker with the rules that encouraged their rapid growth?
The government claims budget savings will more than offset its additional spending on child care.
By far the most significant projected savings in the government's omnibus bill is the phasing out of end-of-year supplements for family tax benefit recipients.
Was Barnaby Joyce’s international comparison correct?
AAP Image/Mick Tsikas
Deputy Prime Minister Barnaby Joyce said backpackers would be better off working in Australia with a 19% tax than in New Zealand, England and Canada. Is that true? And what would a 15% or 10.5% tax mean?
French economist Thomas Piketty spends less time explaining why excessive wealth inequality matters.
Some people evidently think wealth inequality is a good thing, but there's plenty of evidence to show the problems it causes.
Tony Abbott has set out what amounted to a series of benchmarks for the Turnbull government.
Tony Abbott has exhorted the government to stand up for reform and avoid new spending that does not promote growth.
Three more years for Malcolm Turnbull and the Coalition.
What's in store for key policy areas, from health to education to infrastructure to asylum seekers, under a returned Coalition government?
The election has plunged the country into uncertainty and has placed a possible question mark over Australia for companies looking to invest.
How much tax – if any – do religious organisations pay in Australia?
Is it true that religious organisations are exempt from paying tax and from standard accounting and record-keeping obligations?
Warren Buffett’s voice has been one of the loudest arguing it’s time to raise taxes on millionaires and billionaires like him.
Two centuries of tax policy show efforts to raise taxes on the rich hinge on questions of fairness. The history also suggests proponents have a tough road ahead.
Fixing the structural deficit could be too big a task for the Turnbull government given the reluctance to tackle any meaningful tax and spending reform.
Reform remains a challenge when every idea to reduce the deficit, reduce government expenditure or restructure taxes tends to get shot down in Australia.
What are the key policy issues on which the 2016 federal election will be fought?
Bill Shorten said the budget had tax cuts for high-income earners but nothing for families and ‘not one cent for ordinary Australians’.
Bill Shorten has claimed savings of $71 billion over ten years – most of it from rejecting almost all the budget's company tax cut.