The Australian space industry and taxation

Cliff Parker, John Salvaris and Rachel Kuttner outline some opportunities and tax considerations for organisations interested in entering the global space sector.

The recent budget decision to invest $41 million in an Australian Space Agency, commencing 2018-19, including $15 million dedicated towards Australian business competitiveness in the global space economy is a modest first step for Australia which is the last Organisation for Economic Co-operation and Development (OECD) country to establish a Space Agency for commercial purposes. It is an important step towards Australia playing a more active role in the global space market which is valued at...

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Authors: Cliff Parker, John Salvaris,

Published Date: 28 June 2018