Day 24 of 28 Days of Tax Data
From Australia’s future tax system
90 percent of the tax revenue collected by the Australian government (including the state and local government) came from 10 taxes:
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February 2010
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Day 23 of 28 Days of Tax Data
From Australia’s future tax system
This chart
provides a schematic representation of Australia’s tax?transfer system, illustrating the way in which it impacts on individuals’ economic behaviour. It also depicts the elements of the tax?transfer system that are relevant to the operations of Australian businesses. This is indicated by the light blue background shading to the tax elements of the chart. The chart is not intended to be a comprehensive representation of the tax?transfer system. Instead it summarises the major elements of the system and the key linkages between them.
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Day 22 of 28 Days of Tax Data
From Australia’s future Tax System
Some interesting data from a report on Australia’s Tax system. Both graphs are displaying statutory corporate tax rate (i.e. the tax rate that is imposed on taxable income of corporation). Notice that the average of OECD countries has decreased from 32.5% (2001) to 26.6% (2008)
Statutory corporate tax rate 2001
Statutory corporate tax rate 2008
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