It is often noted that a good personal tax system in a modern developed economy should be characterised by low tax rates imposed on a broad tax base, designed to ensure adequate and appropriate revenue. It should also observe the three primary criteria for an effective tax system, in that it...

Despite being consistently stated as an important characteristic of good tax policy, tax simplicity has largely been ignored in actual tax reform. After so many years and attempts, the goal of tax simplification in Australia appears to be as elusive as ever. The central tenets of this paper are...

Earlier this year, the Australian Government finally released the findings of the tax review panel looking at “Australia’s Future Tax System”, known colloquially (and referred to in this note) as the “Henry Report” after the chair of the review panel, Ken Henry. The report,...

Business tax reform in Australia. Includes analysis by local and overseas industry experts of past tax reforms, our current business tax system and potential future developments as canvassed by the Australian Government's Future Tax System Review (Henry Review)