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Articles from Harry Clarke

Thoughts on Australian company tax reform

August 26, 2016 - 19:53 -- Admin

Introduction. One of the important constraints on tax reform in Australia is widespread ignorance about notions of tax incidence. A mistaken theory of tax incidence – the “flypaper theory” – suggests that taxes impact on those groups that they are directly levied on.  So, payroll taxes and superannuation levies fall on the companies they are levied on.