Income Transfers and Taxes for an Australian family

Day 26 of 28 Days of Tax Data From Australia’s future tax system

Transfers and taxes by level of income for a single income family, two children aged 3 and 8 (2008?09) The area on the top half of the graph is the money transferred to the family while the bottom half shows the taxes paid by the family.

Measuring the size of the Government

Day 25 of 28 Days of Tax Data From Australia’s future tax system

If a country is above the line then its income is greater than its spending. Below the line then its spending is greater than its income.

Size of government — OECD 2007

Diagram of Australia's Tax System

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.

International corporate tax rates 2001 and 2008

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