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|Reforming Tasmania’s state tax system: some options||710.32 KB|
Tasmania’s state tax system contributes a smaller proportion of the revenue required to fund the public goods and services provided by the state government than that of any other state or territory except the Northern Territory – as a result of which, Tasmania’s public finances are more exposed to factors beyond the control of the Tasmanian Government (in particular, changes in the total amount of revenue from the GST and the way it is distributed among the states and territories, and in the conditions attaching to other grants from the Commonwealth) than any other jurisdiction (except the NT).
The report proposes reforms in three areas of Tasmania’s state taxation system: