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  • Who exempts what from consumption taxes?

    Posted 19/01/2015 by Leslie Nielson

    At the time the Goods and Services Tax was introduced, health, education and financial services and some food items (mainly fresh food), amongst other areas, were exempted from its reach.  Recently, several Coalition members and senators, as well as some economists, have called for the GST to be extended to some of these areas.  

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    TAGS: taxation, OECD

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  • Senate inquiry into corporate tax avoidance

    Posted 19/12/2014 by Jaan Murphy

    In October, the Senate referred an inquiry into corporate tax avoidance (the Inquiry) to the Senate Economic References Committee (the Committee).  The Inquiry will examine tax avoidance and aggressive minimisation by multinational companies operating in Australia.  Public submissions close on 2 February 2015, and the Committee will report in June 2015.

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    TAGS: Taxation, OECD, EU, UK Parliament

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  • OECD Development Co-operation Peer Review: Australia 2013

    Posted 20/05/2013 by Ravi Tomar
    On 6 May 2013, the Development Co-operation Directorate (DCD) of the Organisation for Economic Co-operation and Development (OECD) released the OECD Development Co-operation Peer Review: Australia 2013. The Development Assistance Committee (DAC) of the OECD carries out peer reviews of member countries’ aid programs approximately every four years. Australia’s last review was undertaken in 2008.The current Review notes that since the 2008 Review, ‘AusAID has gone through the biggest change in its ... Read more...

    TAGS: aid, OECD

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  • Australia’s efforts against foreign bribery – an update

    Posted 1/11/2012 by Cat Barker
    The Organisation for Economic Cooperation and Development (OECD) released its latest assessment of Australia’s implementation of the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions (Anti-Bribery Convention) in October 2012. Outlined below is an overview of the positive and negative findings and their implications for the Australian Government.The Anti-Bribery Convention was adopted in 1997 to address the widespread phenomenon of bribery in... Read more...

    TAGS: Australian Federal Police, corruption, foreign bribery, OECD

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  • Australia’s performance against Anti-corruption treaty reviewed

    Posted 9/07/2012 by Cat Barker
    Australia signed the United Nations Convention against Corruption (UNCAC) in December 2003 and ratified it two years later.  A summary of the findings of the first review of Australia’s implementation of the UNCAC was released on 18 June 2012.  The review of chapters III and IV of the UNCAC coincided with the Australian Government’s development of the country’s first National Anti-Corruption Plan.  While the findings were largely positive, the reviewers also identified several challenges and are... Read more...

    TAGS: corruption, OECD, United Nations

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  • Disability employment in Australia and the OECD

    Posted 2/12/2011 by Matthew Thomas
    Accounting firm, PriceWaterhouseCoopers (PwC) has released a report outlining a series of principles that it believes should guide the implementation of the national disability insurance scheme proposed by the Productivity Commission. In the report, PwC cites statistics which indicate that Australia ranks 21st out of 29 Organisation for Economic Co-operation and Development (OECD) countries in employment rates for people with a disability. It also highlights the fact that Australia is ranked 27t... Read more...

    TAGS: disability, employment, National Disability Insurance Scheme, OECD

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