2012 Tax Expenditure Statement
Published 24 May 2012
The purpose of this statement is to provide additional transparency around policy motivated 'expenditures' made through the tax system. Tax expenditures take the form of an exemption, allowance, preferential tax rate, deferral or offset that reduce a tax obligation to achieve a specific policy objective.
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|b12-taxexpstmt.pdf (126 KB) pp. 1–11|