Submission to the Board of Taxation on the Tax Studies Institute
The Business Council of Australia has lodged a submission to the Board of Taxation on the Tax Studies Institute.
In the submission the council argues that the government’s proposed Tax Studies Institute will need to have a strong mandate and be practically focused if it is to make a valuable contribution to the task of comprehensive long-term tax reform.
This means having full independence and an explicit mandate from government to assist in progressing comprehensive tax reform in the medium term, without the need for a specific reference from government.
Since last year’s tax forum, the BCA has called on the government and parliament to embark on a 10-year reform of the tax system so that it better supports growth, productivity and competitiveness.
Read or download the Business Council of Australia Submission to the Board of Taxation on the Tax Studies Institute here.