Monday, May 24, 2010

The Treasury strikes back - Disparities in Average Tax Rates

Released early, tonight for some reason.

"With the exception of the finance & insurance industry, all industries pay a less than proportionate amount of tax, relative to their contributions towards gross operating surplus. The standout industries are mining and electricity, gas and water — the latter is of particular note with a contribution of less than 1 per cent to corporate tax collections for the 2004-05 financial year, but 7 per cent of corporate gross operating surplus."

Disparities in Average Tax Rates

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