The largest tax concession in Australia is the capital gains tax (CGT) exemption for the main residence. Last year it cost the budget $46 billion and is predicted to cost the budget $189 billion over the next four years. Each year the cost of the CGT exemption on for the main residence costs the federal...

Bitcoin and its underlying technology present a range of opportunities, but also a number of significant challenges, especially for regulators. Not least of these challenges surround ensuring bitcoin’s fair and effective taxation. In this respect, bitcoin raises two key questions. First, as bitcoin is a new technology, the taxation of which was not foreseen by...

The Australian Goods and Services Tax (GST) is a tax levied on the supply of goods and services in Australia. The GST is charged at a rate of 10 per cent of the final price of goods and services. In the fiscal year ended 30 June 2014, the GST raised $51.4 billion. This is about...

Naming 579 public companies that paid no tax, this dataset contains the total income, taxable income and tax payable of over 1500 public and foreign private entities for the 2013-14 income year.

The mid-year budget update reveals the size of the problem, and it isn’t just about spending SCOTT Morrison’s mid-year budget update is mostly a good one, as far it goes. All it attempts is some sensible housekeeping to offset new spending with savings. The government’s choices, by and large, seem to me fair ones. The...