Malcolm Turnbull has said the budget will contain the government’s tax policy, and questioned whether the benefits of increasing the GST would be worth the difficulties of doing so.
Treasurer Scott Morrison’s critique of the green/white paper process is flawed and appears self-serving.
Aaron Bunch/AAP
Last year Joe Hockey was quite clear: he issued a discussion about the Australian tax system, and promised a green paper on options and a white paper on government policy.
Prime Minister Malcolm Turnbull has indicated that changes to superannuation are on the table.
David Moir/AAP
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.
Discretionary trusts allows for the “dishing out” of gifts, often to family members.
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