Australian Taxation Office

New or updated materials on ATO website, including:

Tax Reform

The Federal Treasurer has released the State and Territory Treasurers' Communique following yesterday's Economic and Tax Workshop of the Council of Federal Financial Relations. Whilst there were no concrete outcomes from the meeting in relation to tax reform, it is noted that the "Treasurers agreed to continue discussions around a more sustainable and growth enhancing tax mix and tax base. The Commonwealth will continue to engage on the basis that these reforms do not increase the overall tax burden net of compensation required for tax reform changes."