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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.


  •  - Open9 days left to have your sayExposure Draft

    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 first stage of exposure draft legislation and […]

  •  - Open9 days left to have your sayExposure Draft

    The Government is seeking submissions on the draft AMIT Technical Amendments Bill and explanatory materials. The draft Bill proposes a package of technical amendments to ensure that the new tax system for MITs operates as intended. These amendments were foreshadowed in July 2017 by the Minister for Revenue and Financial Services. Background The new tax […]

  •  - Open28 days left to have your sayConsultation Paper

    The Government is continuing to ensure that non-residents pay their fair share of tax. Currently, non-residents pay capital gains tax in Australia if they make a capital gain from a direct or indirect investment in certain Australian property assets, such as land and natural resources. The proposals put forward for consultation are aimed at improving […]

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