It would be easy to misinterpret a recent comment by federal Treasurer Scott Morrison as meaning that states and territories generate 90% of all revenue collected in Australia. That’s not the case.
Splitting the Goods and Services Tax in two, and taxing goods at a higher rate, would help to reflect the extra environmental damage done by products that are bought and later thrown in the rubbish.
Starbucks and Fiat must each pay up to €30m in tax repayments after the EU competition commissioner, Margarethe Vestager, ruled deals they made with the Netherlands and Luxembourg counted as unlawful state…
South Africa has sent a strong signal against tax evasion and is planning to introduce a carbon tax. There are also incentives for employers keen on taking inexperienced job seekers.
The government’s revised Family Tax Benefit proposals will still have some significant negative impacts on low-income families, but they are not as regressive as the 2014 budget.
Submissions to the government’s taxation white paper show support for reducing concessions for superannuation but with no clear agreement on how to do this.
The Productivity Commission has just released a timely new working paper that sheds light on how Australia’s tax and transfer system functions to distribute income across the population both at a point…
Treasurer Joe Hockey has delivered yet another address saying income tax cuts must be given. That gets him an easy headline but tells us very little about the government’s plans. Hockey has also given…
South Africa’s left wing trade unions may have found an unlikely ally in their objection to the proposed VAT hike. The OECD says there are other options South Africa could consider to raise revenue.
If GST was added to meat, the government could raise billions of dollars in revenue while also encouraging shoppers to eat more veggies - a lipsmacking prospect for public health and the environment.