The taxation of corporate income

The taxation of corporate income, published in 1981, examined the Australian experience with company taxes, noting that in 1977, Australia’s company tax as a share of total tax was well above the OECD-average. However, the most common criticism of the system at that time was double taxation. The report recommended an imputation system.

Read Chapter 2: The Australia experience and Chapter 4: An alternative to the current system of company taxation