Effectiveness of tax base erosion and profit shifting countermeasures effective. This project aims to evaluate the effectiveness of measures to combat tax avoidance by multinational enterprises. Estimates suggest that tax base erosion and profit shifting threaten up to 10 per cent of Australia’s corporate tax revenues. This project intends to establish benchmark indicators based on financial and tax data for Australian and foreign-owned companies, and test them on proposed policy changes up to 2 ....Effectiveness of tax base erosion and profit shifting countermeasures effective. This project aims to evaluate the effectiveness of measures to combat tax avoidance by multinational enterprises. Estimates suggest that tax base erosion and profit shifting threaten up to 10 per cent of Australia’s corporate tax revenues. This project intends to establish benchmark indicators based on financial and tax data for Australian and foreign-owned companies, and test them on proposed policy changes up to 2018. The project aims to expand knowledge of tax behaviour of multinational firms while providing timely and critical information for policy makers on whether measures actually improve the integrity of corporate tax.Read moreRead less
Assessing and addressing tax system complexity in Australia. Tax reform and simplification are highly topical in government, business and the wider community, with many initiatives proposed or under way. This project will identify the key factors in tax system complexity, measure the costs it imposes upon taxpayers and develop complexity indices that can test new policy measures and monitor improvements.