Tax White Paper
As part of the Coalition’s 2013 election commitment to review the Australian taxation system, the Government began the Tax White Paper process. The process is designed to achieve a better tax system that delivers taxes that are lower, simpler and fairer.
The tax discussion paper was released on 30 March 2015, and includes 66 discussion questions which address a multitude of current issues in tax, the processes for tax reform, and the administration of the taxation system.
The Government has sought feedback on the issues raised in the discussion paper, and the deadline for submissions was 1 June 2015. As part of this process, the FPA has provided a policy submission to the Treasury, incorporating several of our key advocacy projects.
The Government has stated that it will release a tax reform package before the next election.
We are always keen to hear your valuable feedback and suggestions. Please let us know if there are any policy issues or concerns that affect you.