Australia’s world-beating tax concessions

Monday 2 February 2015

The International Monetary Fund (IMF) last year released a report estimating that Australia has the highest tax expenditures in the OECD when measured against GDP (see next chart).

According to the report, tax expenditures are:

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.