Tax Institute report highlights $50 billion tax compliance burden

A report from the Tax Institute explores options for reform across Australia’s tax and superannuation systems.

The Tax Institute’s report, the Case for Change, lays out how significant reform to Australia’s tax system would assist breaking the 20-year period of sluggish growth in Australia. The report explores the options for reform, covering business taxation, personal tax, superannuation and retirement, indirect tax and policy and administration. Across these areas, more than 120 options have been raised. Economist Ken Henry estimated in 2009 that compliance with the tax law costs an estimated $4...

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Authors: Grant Wardell-Johnson

Published Date: 21 July 2021