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Budget 2016 Home Page 2016 Tax Expenditure Statement - Budget 2016

Changes from Previous Statements

The 2016 Tax Expenditure Statement is very similar to last year's statement. In this year's statement there is the addition of several income tax expenditures, and removal of one credit, that are detailed in table 5. For quantified expenditures, a greater number of previous years are reported in table 2, and a brief explanation of how they are calculated is provided in the Quantification Methods section on page 14.

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